INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims Against Belden Inc.
January 04 2019 - 8:00PM
Business Wire
The law firm of Kirby McInerney LLP is investigating potential
claims against Belden Inc. (“Belden” or the “Company”) (NYSE: BDC).
This investigation concerns whether Belden has violated federal
securities laws and/or engaged in other unlawful business
practices.
On December 3, 2018, the Company revealed that the Securities
Exchange Commission (“SEC”) is conducting an investigation
concerning the material weakness reported in its Form 10-K filing
for the year ended December 31, 2017. The material weakness
concerned Belden’s recognition of certain revenue at one of its
businesses.
On this news, the price of Belden shares fell by $5.43, or
approximately 9.7%, to close at $50.45 on December 4, 2018.
If you acquired Belden securities, have information, or would
like to learn more about these claims, please contact Thomas W.
Elrod of Kirby McInerney LLP at 212-371-6600, by email at
investigations@kmllp.com, or by filling out this contact form, to
discuss your rights or interests with respect to these matters
without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars. Additional information about the firm can be found at
Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20190104005539/en/
Kirby McInerney LLPThomas W. Elrod, Esq., (212)
371-6600investigations@kmllp.comwww.kmllp.com
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