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Universal Electronics Inc (NASDAQ:UEIC) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Universal Electronics Inc (NASDAQ:UEIC), 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
Universal Electronics Inc
Security
NASDAQ: UEIC

Summary

An investigation on behalf of investors in shares of Universal Electronics Inc (NASDAQ:UEIC) was announced over potential breaches of fiduciary duties by certain officers and directors at Universal Electronics Inc.

The investigation by a law firm concerns whether certain Universal Electronics directors breached their fiduciary duties.

Santa Ana, CA based Universal Electronics Inc. develops control and sensor technology solutions and manufactures a line of pre-programmed and universal remote control products, audio-video accessories, and intelligent wireless security and automation components. Universal Electronics Inc reported that its annual Total Revenue rose from $602.83 million in 2015 to $651.37 million in 2016 and that its Net Income declined from $29.17 million in 2015 to $20.35 million in 2016.

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