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Diodes Incorporated (NASDAQ:DIOD) Investor Investigation Over Potential Securities Laws Violations Announced

  • If you purchased shares of Diodes Incorporated (NASDAQ:DIOD) prior to June 9, 2011, 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
Diodes Incorporated
Security
NASDAQ: DIOD

Summary

Jan. 11, 2013 (Shareholders Foundation) -- An investigation on behalf of investors of Diodes Incorporated (NASDAQ:DIOD) shares over potential securities laws violations by Diodes Incorporated 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 Diodes Incorporated (NASDAQ:DIOD) concerning whether a series of statements by Diodes Incorporated regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Diodes Incorporated (NASDAQ:DIOD) reported that its annual Revenue increased from $432.79 million in 2008 to $635.25 million in 2011.
However, Diodes Incorporated reported that its Net Income fell from $76.73 million in 2010 to $50.74 million in 2011.

Shares of Diodes Incorporated (NASDAQ:DIOD) declined from as high as $34.22 per share in April 2011 to as low as $13.36 per share in November 2012.

On Jan. 11, 2012, NASDAQ:DIOD shares closed at $18.16 per share, which is significantly below its current 52 week High of $27.57 per share.

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