Shareholders Foundation, Inc.

Xilinx, Inc. (NASDAQ:XLNX) Investor Alert: Investigation of Potential Securities Laws Violations

An investigation for investors in Xilinx, Inc. (NASDAQ:XLNX) shares over potential securities laws violations by Xilinx, Inc. was announced and NASDAQ:XLNX stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (ReleaseWire) -- 07/28/2014 -- An investigation on behalf of investors of Xilinx, Inc. (NASDAQ:XLNX) shares over potential securities laws violations by Xilinx, Inc. and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Xilinx, Inc. (NASDAQ:XLNX) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Xilinx, Inc. (NASDAQ:XLNX) concerning whether a series of statements by Xilinx, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Xilinx, Inc. reported that its Total Revenue rose from over $2.16 billion for the 52 weeks period that ended on March 30, 2013 to over $23.8 billion for the 52 weeks period that ended on March 29, 2014 and that its respective Net Income increased from $487.54 million to $630.39 million. Shares of Xilinx, Inc. (NASDAQ:XLNX) grew from $27.44 per share in September 2011 to as high as $54.40 per share in March 2014.

Then on July 22, 2014, Xilinx, Inc. announced its Q1 first 2015 results. Xilinx, Inc. reported lower than expected first quarter fiscal 2015 revenue, reporting sales of only $613 million, below analysts’ estimates of $631 million. Shares of Xilinx, Inc. (NASDAQ:XLNX) dropped from $48.15 per share on July 22, 2014, to as low as $39.12 per share during July 23, 2014.

On July 25, 2014, NASDAQ:XLNX shares closed at $41.46 per share.

Those who purchased shares of Xilinx, Inc. (NASDAQ:XLNX) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com