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Shareholders Foundation, Inc. Logo

Investor Investigation of Marvell Technology Group Ltd. (NASDAQ:MRVL)

An investigation on behalf of investors in NASDAQ:MRVL shares over potential wrongdoing at Marvell Technology Group Ltd. was announced and NASDAQ:MRVL stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 
PRLog - Jan. 14, 2014 - An investigation on behalf of investors in NASDAQ:MRVL shares was announced over potential breaches of fiduciary duties by certain officers and directors at Marvell Technology Group Ltd.

Investors who are current long term stockholders in Marvell Technology Group Ltd. (NASDAQ:MRVL) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com (mailto:mail@shareholdersfoundation.com) or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Marvell Technology Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Marvell Technology Group Ltd. (NASDAQ:MRVL) reported that its Total Revenue declined from over $3.61 billion for the 52 weeks period that ended on Jan. 29, 2011 to over $3.16 billion for the 53 weeks period that ended on Feb. 2, 2013 and that its respective Net Income decreased from $904.13 million to $306.58 million.

Shares of Marvell Technology Group Ltd. (NASDAQ:MRVL) closed on Nov. 29, 2013 at $14.23 per share.

Those who purchased shares of certain Marvell Technology Group Ltd. (NASDAQ:MRVL) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Contact
Shareholders Foundation, Inc.
+1-(858)-779-1554
mail@shareholdersfoundation.com

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Source:Shareholders Foundation, Inc.
Industry:Business, Finance
Tags:marvell technology, nasdaq:mrvl, mrvl
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