An investigation on behalf of investors in shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) was announced over potential breaches of fiduciary duties by certain officers and directors at Kulicke and Soffa Industries.

The investigation by a law firm concerns whether certain Kulicke and Soffa Industries officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Singapore based Kulicke and Soffa Industries, Inc. designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. Kulicke and Soffa Industries Inc. reported that its Total Revenue rose from $637.19 million for the 53 weeks period that ended on October 1, 2016 to $809.04 million for the 53 weeks period that ended on September 30, 2017 and that its Net Income increased from $47.11 million to $112.01 million over those respective time periods.