Zeldes & haeggquist, llp announces investigation into eaton corporation - etn

San diego--(business wire)--zeldes & haeggquist, llp, a shareholder and consumer rights litigation firm, has commenced an investigation into eaton corporation (“eaton” or the “company”) (nyse: etn) to determine whether it has violated securities laws by issuing false and misleading statements to its shareholders in light of the disclosures made about the company’s wrongful course of conduct undertaken during a high-stakes trade secrets lawsuit in mississippi state court. in 2011, a mississippi state court judge found that eaton and its executives were aware of, and sanctioned, an illegal scheme to improperly influence the judicial process. on may 31, 2012, eaton executives and attorneys submitted affidavits to a mississippi state court admitting that damaging emails and documents related to this scheme had been improperly withheld from the other party to the lawsuit. in reaction to this news, shares of eaton fell significantly on high trading volume. we are investigating whether the company issued false and misleading statements to the investing public when news of the improper scheme first came to light. what you can do if you are an eaton shareholder, you may have legal claims under the securities laws. if you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney amber l. eck at (619) 342-8000 or by email at ambere@zhlaw.com. there is no cost to you. about zeldes & haeggquist, llp zeldes & haeggquist, llp is a full-service law firm which brings major class actions nationwide on behalf of defrauded investors and consumers and handles a variety of complex business litigation matters. please visit www.zhlaw.com for more information.
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