From the TD Ameritrade website:
Kendall Law Group Announces Investigation of Smith & Wesson Holding Corporation for Shareholders
12:35p ET July 9, 2010 (Business Wire)
Kendall Law Group, a national securities firm led by a former federal judge and a former U.S. Attorney, is investigating Smith & Wesson Holding Corporation (NASDAQ: SWHC) for shareholders. The investigation concerns potential breaches of fiduciary duties by the board of directors and other company executives in connection with US Department of Justice (DOJ) investigations into potential violations of the Foreign Corrupt Practices Act (FCPA). Concerned Smith & Wesson shareholders should contact the Kendall Law Group at 877-744-3728 or by email at
[email protected].
In an annual report filed on July 1, 2010, Smith & Wesson disclosed the DOJ investigation. On January 19, 2010, the DOJ unsealed indictments of 22 individuals from the firearm industry that alleged the defendants "conspired to pay bribes for supply contracts" to an undercover FBI agent posing as a representative of an African nation. Smith & Wesson confirmed that one of the defendants was their vice president of sales for their International & U.S. Law Enforcement division. Smith & Wesson acknowledged that the company "could be prevented from bidding on domestic military and government contracts, and could risk debarment by the U.S. Department of State."
Kendall Law Group has the credentials and experience to pursue any type of complex securities litigation in the nation. The firm represents shareholders nationwide when publicly traded companies violate the law. Shareholders are urged to contact attorney Scott Kendall for more information.
SOURCE: Kendall Law Group
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Goldfarb Branham Law Firm LLP Investigating Smith & Wesson for Shareholders Due to U.S. Government Probe
12:21p ET July 7, 2010 (Business Wire)
Goldfarb Branham LLP is investigating Smith & Wesson (NASDAQ: SWHC) for shareholders due to a U.S. Government probe into potential violations of the Foreign Corrupt Practices Act. If the company or its officers are found guilty, Smith & Wesson could be barred from bidding on any U.S. military or government contracts. Concerned shareholders are urged to contact attorney Hamilton Lindley at 877-583-2855 or
[email protected] for information about this investigation.
"Smith & Wesson recently revealed that a Vice President of Sales for International and U.S. Law Enforcement was arrested in a sting operation by the FBI," stated attorney Hamilton Lindley. "He was later indicted by a federal grand jury. Smith & Wesson also admitted there could be additional indictments of the company as well as its officers and employees, which could lead to disbarment by the U.S. Department of State and prevent the company from bidding on any U.S. military or law enforcement contracts."
Lawyers at Goldfarb Branham LLP have been counsel on many significant securities lawsuits nationwide which have led to substantial results for investors. Contact attorney Hamilton Lindley at 877-583-2855 or
[email protected] with your questions about this investigation.
SOURCE: Goldfarb Branham LLP