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Finkelstein Thompson LLP Investigates Maxwell Technologies, Inc.

^{Published on 2010-08-05 13:00:41 - Market Wire}
 

WASHINGTON--([ BUSINESS WIRE ])--The law firm of Finkelstein Thompson LLP is investigating potential shareholder claims arising from allegations that Maxwell Technologies, Inc. (NASDAQ:MXWL) (aCompanya) may have violated the Foreign Corrupt Practices Act (aFCPAa). That Act prohibits companies from making improper payments to foreign officials for the purpose of obtaining or keeping business.

Finkelstein Thompsona™s investigation stems from Maxwella™s May 2010 disclosure that it was internally investigating payments made by a former sales agent in China which amaya have been made to customers. Maxwell has also disclosed it is being investigated by both the Securities and Exchange Commission (aSECa) and the Department of Justice (aDOJa) regarding these payments.

These allegations, if proven, could result in substantial financial harm to the Company. Indeed, Maxwell has already recorded an accrual of approximately $12.7 million for potential settlements of the DOJ and SEC investigations.

If you are interested in discussing your rights as a Maxwell shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at [ contact@finkelsteinthompson.com ].

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at [ www.finkelsteinthompson.com ]. Attorney advertising. Prior results do not guarantee similar outcomes.