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CECO Environmental Corp. (NASDAQ:CECE) Investor Investigation Announced

  • If you purchased shares of CECO Environmental Corp. (NASDAQ:CECE), 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
CECO Environmental
Security
NASDAQ: CECE

Summary

June 22, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of CECO Environmental Corp. (NASDAQ:CECE) shares was announced over potential breaches of fiduciary duties by certain officers and directors at CECO Environmental.

The investigation by a law firm concerns whether certain CECO Environmental officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

CECO Environmental Corp. reported that its annual Total Revenue rose from $197.32 million in 2013 ro $263.22 million in 2014 and that its respective Net Income increased from $6.56 million to $13.08 million.

Shares of CECO Environmental Corp. (NASDAQ:CECE) grew from $5.15 per share in October 2011 to as high as $18.83 per share in October 2013, respectively $18.64 per share in March 2014.

Since then NASDAQ:CECE shares lost substantial value and declined to as low as $10.20 per share on March 31, 2015.

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