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Kendall Law Group Investigates Panasonic Corporation for Shareholders

  //house-home.news-articles.net/content/2010/10/0 .. ates-panasonic-corporation-for-shareholders.html
  Published in House and Home on Friday, October 1st 2010 at 9:35 GMT by Market Wire
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DALLAS--([ BUSINESS WIRE ])--Kendall Law Group, a national securities firm led by former federal judge Joe Kendall and a former U.S. Attorney, is investigating Panasonic Corporation (NYSE:PC) for shareholders. The investigation concerns the recent announcement of antitrust violations by Panasonic. Concerned shareholders should contact the Kendall Law Group at 877-744-3728 or by email at [ skendall@kendalllawgroup.com ].

On September 30, 2010, the U.S. Justice Department announced that Embraco North America Inc., a Whirlpool subsidiary, and Panasonic conspired to fix the prices of refrigerant compressors from 2004 to 2007. Panasonic entered into the plea agreement and agreed to pay $49.1 million in criminal fines. The case, filed in federal court in Detroit, charged the company with holding meetings and conversations with the goal of fixing prices and exchanging information to monitor and enforce agreed upon prices with competitors.

Kendall Law Group has the credentials and experience to pursue any type of complex securities litigation in the nation. The firm helps shareholders exercise their power to protect their investments when companies break the law. If you are a Panasonic shareholder, you are encouraged to contact the Kendall Law Group to learn more about your rights.