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Belden Inc. (NYSE:BDC) Investor Investigation Over Potential Securities Laws Violations Announced

  • If you purchased shares of Belden Inc. (NYSE:BDC), 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
Belden Inc.
Security
NYSE: BDC

Summary

April 19, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Belden Inc. (NYSE:BDC) shares over potential securities laws violations by Belden and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Belden Inc. (NYSE:BDC) concerning whether a series of statements by Belden regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Belden Inc. reported that its annual Total Revenue rose from $2,308 million in 2014 to $2,309 million in 2015 while its Net Income declined from $74.45 million in 2014 to $66.20 million in 2015.

Shares of Belden Inc. (NYSE:BDC) declined from as high as $93.89 per share in April 2015 to as low as $39.13 per share in February 2016.

On April 19, 2016, NYSE:BDC shares closed at $63.34 per share.

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