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AMETEK, Inc. (NYSE:AME) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of AMETEK, Inc. (NYSE:AME), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
AMETEK, Inc.
Security
NYSE: AME

Summary

April 7, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of AMETEK, Inc. (NYSE:AME) was announced over potential breaches of fiduciary duties by certain officers and directors at AMETEK.

The investigation by a law firm concerns whether certain AMETEK officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
AMETEK, Inc. reported that its annual Total Revenue declined from over $4.02 billion in 2014 to over $3.97 billion in 2015 and that its Net Income increased from $584.46 million to $590.86 million.

Shares of AMETEK, Inc. (NYSE:AME) declined from $56.86 per share in November 2015 to as low as $44.04 per share in February 2016.

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