Motorola, Inc. under investor investigation concerning Executive compensation

June 7, 2010 - PRLog -- A Motorola investor filed a lawsuit on behalf of those who purchased Motorola, Inc.  common stock during the period beginning December 6, 2007 through January 22, 2008. Meanwhile an investigation on behalf of current long term investors in Motorola, Inc.  concerning breaches of fiduciary duty related to the historical and potential compensation that was awarded certain senior officers was announced.

If you are a current long term investor Motorola, Inc.  stock, you have certain options and you should contact the Shareholders Foundation, Inc by email mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

Motorola, Inc., located in Schaumburg, Illinois, is engaged in providing technologies, products and services for mobile phones. According to the complaint filed in the U.S. District Court for the Northern District of Illinois on behalf of those who purchased Motorola, nc.  common stock during the period beginning December 6, 2007 through January 22, 2008, the plaintiff alleges that Motorola, Inc.  and certain of its current and former officers and directors violated the Securities Exchange Act of 1934 by intentionally and knowingly misstating between December 6, 2007 through January 22, 2008 Motorola's 4Q 07 earnings projections and sales demand for its newly-released RAZR2 mobile handset during the 2007 holiday shopping season.

According to the investigation by a law firm the investigation on behalf of current long term investors in Motorola stock focuses on possible claims that certain of Motorola’s senior officers were unjustly enriched through their receipt of unwarranted, excessive or unearned compensation in past years.  

Motorola’s Total Revenue declined from $36.622billion in 2007, to $30.146billion in 2008, and $22.044billion in 2009.

Certain senior officers at Motorola, were awarded salaries, bonuses, stock options and other forms of long-term, ‘incentive’ or retirement compensation that was, so the investigation, excessive or unwarranted based on the Motorola’s performance as compared to what senior officers at comparable companies were making and/or results that were fraudulent, misleading or not long-lasting.  The investigation by the law firm is also investigating claims that the prior compensation awarded at Motorola is now clearly improper based upon its current operating condition.  Finally the investigation focuses also on possible claims that would allow Motorola (MOT) stockholders to influence or control future compensation decisions at Motorola. Shares of Motorola, Inc. (MOT) traded recently at $6.70 per share, down from its 52weekHigh of $9.45 per share, $15.07 per share on January 04, 2009, almost $20 per share during 2007, and over $26 per share in 2006.

Those who are current long term investors Motorola, Inc.  stock, have certain options and should contact the Shareholders Foundation, Inc by email mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

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The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.