Glancy Binkow & Goldberg LLP Announces Investigation of IEC Electronics Corp.

  Glancy Binkow & Goldberg LLP Announces Investigation of IEC Electronics
  Corp.

Business Wire

LOS ANGELES -- May 02, 2013

Glancy Binkow & Goldberg LLP announces that it is investigating potential
claims on behalf of investors who purchased the common stock of IEC
Electronics Corp. (“IEC” or the “Company”) (NYSE MKT:IEC) between February 8,
2012 and April 30, 2013. The investigation is related to certain statements
issued by IEC during the foregoing period regarding IEC’s financial
performance.

PLEASE CONTACT GLANCY BINKOW & GOLDBERG LLP IF YOU HAVE INFORMATION OR TO
DISCUSS THIS INVESTIGATION AT (310) 201-9150, TOLL-FREE AT (888) 773-9224, OR
BY EMAIL AT SHAREHOLDERS@GLANCYLAW.COM. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE
YOUR MAILING ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.

The investigation is related to the Company’s May 1, 2013 announcement that
IEC’s consolidated financial statements for the fiscal year ended September
30, 2012, the quarterly periods during fiscal 2012, and the quarter ended
December 28, 2012 are being restated due to “an error in accounting for
work-in-process inventory at one of the Company's subsidiaries, Southern
California Braiding, Inc.” According to the Company: “This error resulted in
an aggregate understatement of cost of sales and an aggregate overstatement of
gross profit during all such Restated Periods of approximately $2.2 million.”

If you purchased IEC stock prior to or between February 8, 2012 and April 30,
2013, if you have information or would like to learn more about these claims,
or if you wish to discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these matters, please
contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925
Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at
(310) 201-9150, Toll Free at (888) 773-9224, by e-mail to
shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.
If you inquire by email please include your mailing address, telephone number
and number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Contact:

Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg
(310) 201-9150 or (888) 773-9224
shareholders@glancylaw.com
www.glancylaw.com
 
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