Comtech Telecomm. Corp. Investor Investigation

PRLog (Press Release) - Apr 23, 2009 -
An investigation on behalf of investors, who purchased Comtech Telecommunications Corporation shares (NASDAQ:CMTL) between September 17, 2008 and March 9, 2009, over possible violations of federal securities law by Comtech Telecommunications Corp. (Nasdaq:CMTL) was announced.

If you purchased Comtech Telecommunications Corporation shares (NASDAQ:CMTL) between September 17, 2008 and March 9, 2009 or before you have certain options and you should contact the Shareholders Foundation, Inc immediately!

Email: mail@shareholdersfoundation.com

Or call us at: +1 (858) 779 - 1554

According to the investigation by a law firm the investigation focuses on, among other things, whether Comtech Telecomm. Corp. violated the Securities Exchange Act of 1934 between September 17, 2008 and March 9, 2009 by misrepresenting or failing to disclose that Comtech Telecommunications Corporation was experiencing negative trends in its bookings, that it was experiencing problems integrating its Radyne acquisition, and that it was experiencing increased costs, and hence, lower profit margins.  Shares of Comtech Telecomm. Corp. closed on September 17, 2008 at $40.27 per share and on March 09, 2009 at $35.45 per share. Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for communications solutions. The Company conducts its business through three business segments: telecommunications transmission, mobile data communications and radio frequency (RF) microwave amplifiers. Comtech Telecomm. Corporation is located in Melville, New York and had $445.68million in total revenue in 2007 and $531.63million in 2008 with a net income of $65.21million in 2007 and $76.43million in 2008. Shares of Comtech Telecommunications Corp. (NASDAQ:CMTL) traded recently at $31.93 per share, down from $48.95 per share in December 2008 and $56.38 per share in 2007.

If you purchased Comtech Telecommunications Corporation shares (NASDAQ:CMTL) between September 17, 2008 and March 9, 2009 or before you have certain options and you should contact the Shareholders Foundation, Inc immediately!

Email: mail@shareholdersfoundation.com

Or call us at: +1 (858) 779 - 1554

Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
mail@shareholdersfoundation.com
www.ShareholdersFoundation.com
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