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Preformed Line Products Company (NASDAQ:PLPC) InvestorInvestigation Over Potential Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Preformed Line Products Company (NASDAQ:PLPC), 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
Preformed Line Products Company
Security
NASDAQ: PLPC

Summary

April 18, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Preformed Line Products Company (NASDAQ:PLPC) was announced over potential breaches of fiduciary duties by certain officers and directors at Preformed Line Products Company.

The investigation by a law firm concerns whether certain Preformed Line Products officers and directors breached their fiduciary duties.
Preformed Line Products Company reported that its annual Total Revenue declined from $439.19 million in 2012 to $354.67 million in 2015 and that its respective Net Income declined from $29.29 million to $6.67 million. Shares of Preformed Line Products Company (NASDAQ:PLPC) closed on April 14, 2016, at $37.25 per share.

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