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Park Electrochemical Corp. (NYSE:PKE) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Park Electrochemical Corp. (NYSE:PKE) and currently hold any of those NYSE:PKE shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • 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

Company
Park Electrochemical Corp.
Security
NYSE: PKE

Summary

June 2, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Park Electrochemical Corp. (NYSE:PKE) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Park Electrochemical.

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

Park Electrochemical Corp. reported that its Total Revenue declined from $176.42 million for the 52 weeks period that ended on March 3, 2013 to $162.09 million for the 52 weeks period that ended on March 1, 2015 and that its respective Net Income increased from $16.96 million to $20.04 million.

Shares of Park Electrochemical Corp. (NYSE:PKE) declined from as high as $31.51 per share in July 2014 to as low as $20.30per share on April 22, 2015.

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