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Investigation for Investors in NYSE: CUB announced over possible Wrongdoing at Cubic Corporation

12-10-2020 10:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Cubic Corporation (NYSE: CUB) shares over potential wrongdoing at Cubic Corporation.

An investigation on behalf of investors in Cubic Corporation (NYSE: CUB) shares over potential wrongdoing at Cubic Corporation.

An investigation on behalf of current long-term investors in shares of Cubic Corporation (NYSE: CUB) was announced over potential breaches of fiduciary duties by certain officers and directors at Cubic Corporation.

Investors who purchased shares of Cubic Corporation (NYSE: CUB) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Cubic Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.

San Diego, CA based Cubic Corporation designs, integrates, and operates systems, products, and services for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) customers worldwide. Cubic Corporation reported that its Total Revenue rose from over $1.2 billion for the 12 months period that ended on September 30, 2018 to over $1.49 billion for the 12 months period that ended on September 30, 2019, and that its EBIT over those respective time periods increased from $25.31 million to $72.79 million.

Shares of Cubic Corporation (NYSE: CUB) declined from $74.97 per share in October 2019 to as low as $30.86 per share in March 2020.

Those who purchased shares of Cubic Corporation (NYSE: CUB) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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