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Investigation announced for Long-Term Investors in NASDAQ: CGNX shares over potential Wrongdoing Cognex Corporation

06-10-2021 05:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Cognex Corporation (NASDAQ: CGNX) shares over potential wrongdoing at Cognex Corp.

An investigation on behalf of investors in Cognex Corporation (NASDAQ: CGNX) shares over potential wrongdoing at Cognex Corp.

An investigation on behalf of investors in shares of Cognex Corporation (NASDAQ: CGNX) was announced over potential breaches of fiduciary duties by certain directors at Cognex Corporation.

Investors who purchased shares of Cognex Corporation (NASDAQ: CGNX) 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 Cognex Corporation (NASDAQ: CGNX officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Natick, MA based Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Cognex Corporation reported that its annual Total Revenue rose from $725.62 million in 2019 to $811.02 million in 2020, and that its Net Income decreased from $203.86 million in 2019 to $176.18 million in 2020.

On April 23, 2021, the New York Times reported that Cognex Corporation CEO Robert Shillman was a major funder of far-right extremists in the U.K, and financially supported a violent rally in the United Kingdom on June 9, 2018, in support of far-right extremists.

Those who purchased shares of Cognex Corporation (NASDAQ: CGNX) 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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