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Molex/Controversies

Molex controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2005Shareholder class action concerning financial disclosures

  1. 2005

    Shareholder class action concerning financial disclosures

    Following Molex’s announcement of adjustments to previously reported financial results, a class action was announced against the company and certain officers and directors. The complaint alleged that materially false or misleading statements had artificially inflated the company’s market price. A settlement fund of $10.5 million plus interest was reached in 2007.

    Source