Hynes Keller & Hernandez, LLC Announces Investigation of General Cable Corporation (BGC)

NEW YORK, Jan. 5, 2017 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of General Cable Corporation (NYSE: BGC) concerning possible breaches of fiduciary duty.  On December 29, 2016, General Cable Corporation disclosed that it would pay $82.3 million to resolve a U.S. government investigation into inappropriate payments to public officials in Egypt, Angola, Bangladesh, China, Indonesia and Thailand. The United States Department of Justice announced that, "[b]etween 2002 and 2013, General Cable subsidiaries paid approximately $13 million to third-party agents and distributors, a portion of which was used to make unlawful payments to obtain business, ultimately netting the company approximately $51 million in profits."

Click here for more information about our investigation of BGC: http://hkh-lawfirm.com/investigations-cases/general-cable-corporation-bgc/

Hynes Keller & Hernandez, LLC is a boutique law firm that represents institutional and individual investors.  The firm is focused on providing exemplary legal services in the area of shareholder litigation. The firm has an experienced litigation team which has achieved significant victories on behalf of the firm's clients.  You can visit our website at www.hkh-lawfirm.com for more information.  Attorney advertising. Prior results do not guarantee similar outcomes.

If you hold shares in BGC and would like to obtain additional information about your legal rights and protect your investment, please visit our website or contact the attorneys below.  There is no cost or obligation to you. 

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SOURCE Hynes Keller & Hernandez, LLC