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If you purchased shares of M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI), 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
March 27, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at M/A-COM Technology Solutions Holding Inc.
The investigation by a law firm concerns whether certain M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
M/A-COM Technology Solutions Holdings Inc reported that its Total Revenue rose from $323.07 million for the 12 months period that ended on Sept. 27, 2013 to $418.66 million for the 12 months period that ended on Oct. 3, 2014 while its Net Income declined from $18.20 million for the 12 months period that ended on Sept. 27, 2013 to a Net Loss of $10.32 million for the 12 months period that ended on Oct. 3, 2014.
Shares of M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI0 grew from $10.87 per share in November 2012 to as high as $39.52 per share on March 25, 2015.
