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Levi & Korsinsky, LLP Investigates Maxwell Technologies Shareholder Claims

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Levi & Korsinsky, LLP Investigates Maxwell Technologies Shareholder Claims Powered By Docstoc
					Levi & Korsinsky, LLP Investigates Maxwell
Technologies Shareholder Claims
August 05, 2010 01:57 PM Eastern Daylight Time  

NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky is investigating potential claims against Maxwell
Technologies, Inc. (“Maxwell” or the “Company”) (NASDAQ: MXWL) concerning potential violations of the
Foreign Corrupt Practices Act (“FCPA”). Concerned shareholders should contact Joseph Levi at 877-363-5972 or
by email at jlevi@zlk.com for more information.

The investigation concerns allegations of potential violations of the FCPA by certain of the Company’s executive
officers and/or directors. In May 2010, Maxwell disclosed an internal investigation of payments made to the
Company's former independent sales agent in China with respect to the sales of its high voltage capacitor products.
The Company disclosed that “these payments had previously been recorded as commissions; however, a portion of
those payments may actually have been rebated directly or indirectly to customers” in violation of the FCPA The
Company further disclosed these alleged violations have prompted investigations by both the Securities and
Exchange Commission (SEC) and the Department of Justice (DOJ). Although the Company has stated that a
possible resolution of these regulatory investigations may be forthcoming, such potential settlements are expected to
cost the Company and its shareholders between $9.3 million and $20 million.

If you are a long term shareholder of Maxwell, please contact Joseph Levi either via email at jlevi@zlk.com or by
telephone at 877-363-5972, or visit http://www.zlk.com/maxwell.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions
involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and
shareholder litigation.

Contacts
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Tel: 212-363-7500
Fax: 212-363-7171
www.zlk.com
http://www.zlk.com/maxwell.html

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Description: NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky is investigating potential claims against Maxwell Technologies, Inc. (“Maxwell” or the “Company”) (NASDAQ: MXWL) concerning potential violations of the Foreign Corrupt Practices Act (“FCPA”). Concerned shareholders should contact Joseph Levi at 877-363-5972 or by email at jlevi@zlk.com for more information. The investigation concerns allegations of potential violations of the FCPA by certain of the Company’s executive officers and/or di a style='font-size: 10px; color:
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