BOULDER, Colo. -- (Business Wire)
The
Shuman Law Firm announces that it is investigating potential claims
against certain officers and directors of General Cable Corp. (“General
Cable” or the “Company”) (NYSE: BGC).
General Cable is a Kentucky-based company that designs, develops,
manufactures, markets, and distributes copper, aluminum, and fiber optic
wire and cable products worldwide.
The Firm’s investigation concerns multiple potential instances of
Foreign Corrupt Practices Act (“FCPA”) violations in Angola, Thailand
and/or India over more than a decade. The Company previously announced
that it brought in outside counsel to review payments made to agents in
Thailand and India and is sharing its findings with the U.S. Justice
Department and the Securities and Exchange Commission. In addition,
General Cable also disclosed that “[b]ecause [the Company’s] review
regarding commission payment practices and our use and payment of
agents…is ongoing, [the Company is] unable to predict its duration,
scope, results, or consequences.”
If you currently own General Cable common stock and are interested in
discussing your rights as a shareholder, or have information relating to
this investigation, please contact Kip B. Shuman or Rusty E. Glenn
toll-free at (866) 569-4531or email Mr. Shuman at kip@shumanlawfirm.com
or email Mr. Glenn at rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation,
concentrating its practice in stockholder litigation.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150831005843/en/
Contacts:
The Shuman Law Firm
Kip B. Shuman, Esq. ,303-861-3003
kip@shumanlawfirm.com
or
Rusty
E. Glenn, Esq. ,303-861-3003
rusty@shumanlawfirm.com
or
Toll-Free:
866-569-4531
Fax: 303-484-4886
www.shumanlawfirm.com
Source: The Shuman Law Firm
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