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If you purchased shares of FLIR Systems, Inc. (NASDAQ:FLIR) and presently hold those FLIR shares, and/or if you have any information relating the investigation, you have certain options and you 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 investors on FLIR Systems, Inc. (NASDAQ:FLIR) shares over possible violations of Federal Securities Laws by FLIR Systems, Inc. and certain members of its Board of Directors was announced.
The investigation by a law firm focuses on possible shareholder claims in regards to potential securities laws violations by FLIR Systems, Inc. and certain of its directors in connection with the upcoming April 29, 2011 shareholder vote.
FLIR Systems 12month Total Revenue increased from $779.40million in 2007 to $1,385million in 2010. Its Net Income rose from $133.57million in 2007 to $248.13million in 2010.
At the annual shareholder meeting on April 29, 2011 stockholders of FLIR Systems, Inc. will be asked among other things to vote on the approval of FLIR Systems, Inc. 2011 Stock Incentive Plan, to hold an advisory vote on Executive Compensation, and to hold an advisory vote on frequency of advisory vote on Executive Compensation.
Shares of FLIR Systems, Inc. (NASDAQ FLIR) traded during 2008 as high as $45.10 per share and fell during 2009 to under $20 per FLIR share. Recently NASDAQ:FLIR shares traded at $33.51 per share.
