06:16:12 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



The Shuman Law Firm Investigates General Cable Corp.

2015-08-31 11:10 ET - News Release


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.

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

© 2024 Canjex Publishing Ltd. All rights reserved.