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Investors who purchased shares of CommScope Holding Company, Inc. (NASDAQ: COMM) and currently hold any of those NASDAQ: COMM shares have certain options and should contact the Shareholders Foundation, Inc.
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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
An investigation on behalf of current long-term investors in shares of CommScope Holding Company, Inc. (NASDAQ: COMM) was announced over potential breaches of fiduciary duties by certain officers and directors at CommScope Holding Company, Inc.
The investigation by a law firm concerns whether certain CommScope Holding Company directors breached their fiduciary duties and caused damage to the company and its shareholders.
Hickory, NC based CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. CommScope Holding Company, Inc. reported that its annual Total Revenue declined from over $4.92 billion in 2016 to over $4.56 billion in 2017 and that its Net INcome declined from $222.83 million in 2016 to $193.76 million in 2017.
Shares of CommScope Holding Company, Inc. (NASDAQ: COMM) declined from $32.38 per share in July 2018 to as low as $27.70 per share on October 5, 2018.
