The Shuman Law Firm Investigates Maxwell Technologies, Inc.
The Shuman Law Firm Investigates Maxwell Technologies, Inc. Business Wire BOULDER, Colo. -- August 6, 2013 The Shuman Law Firm announces that it is investigating potential claims against certain officers and directors of Maxwell Technologies, Inc. (“Maxwell” or the “Company”) (Nasdaq: MXWL). Maxwell is a California-based company that develops, manufactures, and markets energy storage and power delivery products, and microelectronic products worldwide. The Firm’s investigation relates to the Company’s March 7, 2013, announcement that the Company would be restating previously issued financial statements for 2011 and most of 2012 due to errors related to the timing of recognition of revenue from sales to certain distributors. The announcement further disclosed that the Company’s financial statements should no longer be relied upon. On this news, Maxwell’s stock price dropped $1.01 per share on March 8, 2013 to close at $8.10 per share, a one-day decline of 11% on volume of 1.7 million shares, and a 62% decline from the stock’s recent high. If you currently own Maxwell common stock and are interested in discussing your rights as a shareholder, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free at (866) 974-8626 or email Mr. Shuman at email@example.com or email Mr. Glenn at firstname.lastname@example.org. The Shuman Law Firm represents investors throughout the nation, concentrating its practice in stockholder litigation. Contact: The Shuman Law Firm Kip B. Shuman, Esq., 866-974-8626 email@example.com or Rusty E. Glenn, Esq., 866-974-8626 firstname.lastname@example.org Fax: 303-484-4886 www.shumanlawfirm.com