Press release
Investigation announced for Investors in Broadwind, Inc. (NASDAQ: BWEN) over potential Wrongdoing
An investigation on behalf of investors in Broadwind, Inc. (NASDAQ: BWEN) shares over potential wrongdoing at Broadwind, Inc.
Investors who purchased shares of Broadwind, Inc. (NASDAQ: BWEN) 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 Broadwind directors breached their fiduciary duties and caused damage to the company and its shareholders.
Cicero, IL based Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. Broadwind, Inc. reported that its annual Total Revenue rose from $178.22 million in 2019 to $198.49 million in 2020, and that its Net Loss declined from $4.52 million in 2019 to $1.48 million in 2020.
Shares of Broadwind, Inc. (NASDAQ: BWEN) declined from $11.44 per share on February 8, 2021 to as low as $4.62 per share on March 25, 2021.
Those who purchased shares of Broadwind, Inc. (NASDAQ: BWEN), have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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