San Diego, CA -- (SBWire) -- 04/21/2021 --An investigation was announced over potential breaches of fiduciary duties by certain officers and directors 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:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.
NASDAQ:BWEN Shareholder Notice: Investigation over Potential Wrongdoing at Broadwind, Inc.
An investigation on behalf of investors in Broadwind, Inc. (NASDAQ:BWEN) shares over potential wrongdoing at Broadwind, Inc. was announced.