Sparton Corporation (NYSE:SPA) Investor Investigation Concerning Potential Securities Laws Violations Announced

If you purchased shares of Sparton Corporation (NYSE:SPA), you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to, or call us at (858) 779-1554.
Company Name(s): 

February 16, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Sparton Corporation (NYSE:SPA) shares over potential securities laws violations by Sparton and certain of its directors and officers in connection certain financial statements was announced.

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

Shares of Sparton Corporation (NYSE:SPA) grew from $6.28 per share ion September 2011 to as high as $33.36 per share in March 2014.
On September 8, 2015, Sparton Corporation reported its fiscal 2015 full year results.

Sparton Corporation reported that its Total Revenue rose from $336.50 million for the 12 months period that ended on June 30, 2014 to $382.12 million for the 12 months period that ended on June 30, 2015 while its Net Income for those time periods declined from $12.99 million to $10.99 million.

On February 5, 2016– Sparton Corporation announced that Cary B. Wood has resigned as its President and Chief Executive Officer, effective immediately.

Shares of Sparton Corporation (NYSE:SPA) declined to as low as $11.19 per share on February 8, 2016.