NEW YORK, May 22, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at PAR Technology Corporation ("PAR Technology" or the "Company") (NYSE: PAR).
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, on May 15, 2017, Par Technology filed its Form 10-Q with the U.S. Securities and Exchange Commission ("SEC"), disclosing that "the Company is investigating whether certain import/export and/or documentation of sales activities at the Company's China and Singapore offices were improper and in possible violation of the U.S. Foreign Corrupt Practices Act ("FCPA") and other applicable laws and certain Company policies." Furthermore, the Form 10-Q disclosed that on May 1, 2017, PAR Technology received a subpoena from the SEC relating to the aforementioned investigation.
As a result, the Company stated that it could be exposed to a broad range of civil and criminal sanctions.
If you invested in PAR Technology stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/PAR. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to email@example.com.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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