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If you purchased shares of Freescale Semiconductor Holdings I, Ltd. (NYSE:FSL), and / or if you have any information relating the investigation including those who are former employees or/and whistleblowers, you may 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
San Diego, Oct. 06, 2011 (Shareholders Foundation) -- An investigation on behalf of investors in shares of Freescale Semiconductor Holdings I, Ltd. (NYSE: FSL) over possible Violations of Federal Securities Laws was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Freescale Semiconductor Holdings (NYSE FSL) concerning whether the company, certain of its officers and directors, or others have possibly violated federal securities laws. Specifically, the investigation concerns whether certain statements regarding Freescale Semiconductor Holdings I, Ltd. business, its prospects and its operations were potentially materially false and misleading at the time they were made.
Despite that Freescale Semiconductor Holdings I, Ltd. reported an increase in its annual Revenue from $3.5billion for 2009 to $4.45billion in 2010 its Net Income fell from a Net Income of $748million for 2009 to a Net Loss of $1.05billion for 2010.
Shares of Freescale Semiconductor Holdings I, Ltd. (Public, NYSE:FSL) fell from over $20 in July 2011 to recently slightly above $10 per share.
