Investigation Overview
July 1, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) shares over potential securities laws violations by Eaton Corporation 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 Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) concerning whether certain statements issued by Eaton were false and misleading and/or failed to disclose material information regarding the Companys financial performance.
Shares of Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) reached as high as $78.57 per share in July 2014 and declined to as low as $47.27 per share in January 2016.
On July 1, 2016, NYSE:ETN shares closed at $60.27 per share.