Energy News / Shareholders Foundation, Inc.

Park Electrochemical Corp. (NYSE:PKE) Shareholder Alert: Investigation over Potential Wrongdoing

Via: ReleaseWire

Updated 9:15 AM CDT, Mon, June 08,2015

An investigation on behalf of investors in Park Electrochemical Corp. (NYSE:PKE) shares over potential wrongdoing at Park Electrochemical was announced and NYSE:PKE stockholders should contact the Shareholders Foundation.

San Diego, CA -- (ReleaseWire) -- 06/08/2015 -- 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.

Investors who purchased shares of Park Electrochemical Corp. (NYSE:PKE) and currently hold any of those NYSE:PKE shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

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 $20.30 per share on April 22, 2015.

On June 5, 2015, NYSE:PKE shares closed at $21.63 per share.

Those who purchased shares of Park Electrochemical Corp. (NYSE:PKE), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.releasewire.com/press-releases/park-electrochemical-corp-nysepke-shareholder-alert-investigation-over-potential-wrongdoing-603004.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com