Market Overview

General Cable Responds to Speculation Regarding Alleged Investigation


General Cable Corporation (NYSE:BGC) ("General Cable" or "the Company")
today issued the following statement in response to a recent press
report about an alleged new investigation by the United States
Department of Justice (DOJ):

We are aware of a recent press report regarding an alleged new DOJ
investigation under the United States Foreign Corrupt Practices Act
(FCPA) involving General Cable. To the best of our knowledge, we have
been and remain in compliance with the terms of our December 2016
Non-Prosecution Agreement (NPA) entered into with the DOJ. We
periodically communicate with the DOJ as required by the NPA, and we are
not aware of any new DOJ enforcement action or investigation against the
Company at this time.

Cautionary Statement Regarding Forward-Looking

Certain statements in this communication, including, without limitation,
statements regarding the Company's compliance with the NPA and any
enforcement action or investigation against the Company, and
management's beliefs, expectations or opinions, are forward-looking
statements, and as such, the Company desires to take advantage of the
"safe harbor" which is afforded such statements under the Private
Securities Litigation Reform Act of 1995. Forward-looking statements are
those that predict or describe future events or trends and that do not
relate solely to historical matters. Forward-looking statements can
generally be identified as statements containing the words "believe,"
"expect," "may," "could," "anticipate," "intend," "should," "estimate,"
"project," "will," "plan," "assume," "seek to" or other similar
expressions, or the negative of these expressions, although not all
forward-looking statements contain these identifying words. In addition,
actual results may differ materially from those discussed in
forward-looking statements as a result of factors, risks and
uncertainties over many of which the Company has no control.

These factors, risks and uncertainties include, but are not limited to,
uncertainties as to the Company's compliance with foreign and U.S. laws
and regulations, including the FCPAý, and other factors discussed from
time to time in the Company's reports filed with the U.S. Securities and
Exchange Commission (the "SEC"), including the factors discussed in Item
1A of the Company's 2017 Annual Report on Form 10-K as filed with the
SEC on February 28, 2018 and subsequent SEC filings, which are available

Forward-looking statements reflect the views and assumptions of
management as of the date of this communication with respect to future
events. The Company does not undertake, and hereby disclaims, any
obligation, unless required to do so by applicable securities laws, to
update any forward-looking statements as a result of new information,
future events or other factors. The inclusion of any statement in this
communication does not constitute an admission by the Company or any
other person that the events or circumstances described in such
statement are material.

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at