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Kendall Law Group Investigates Maxwell Technologies, Inc. for Shareholders

^{Published on 2010-07-29 12:55:43 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], a national securities firm led by a former federal judge and a former U.S. Attorney, is investigating Maxwell Technologies, Inc. (NASDAQ: MXWL) for shareholders. The investigation concerns potential breaches of fiduciary duties by certain directors and executives due to possible violations of the Foreign Corrupt Practices Act. Concerned Maxwell shareholders should contact the Kendall Law Group at 877-744-3728 or by email at [ skendall@kendalllawgroup.com ].

Maxwell has announced through filings with the U.S. Securities and Exchange Commission that they are engaged in an ongoing investigation into payments made to a former independent sales representative in China. The payments were recorded as commissions, but a portion of these payments were reportedly going either directly or indirectly to purchasers of the companya™s high voltage capacitor products. Maxwell has reported that they believe the settlement will range between $9.3 million to $20 million.

Kendall Law Group was founded by a former federal judge and U.S. Attorney and has the credentials and experience to pursue any type of complex securities litigation in the nation. The firm helps shareholders exercise their power to protect their investments when companies break the law. If you are a Maxwell shareholder, you are encouraged to contact the Kendall Law Group to learn more about your rights.