Prs News Wire : NEW YORK, Sept. 25, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of VASCO Data Security International, Inc. ("VASCO" or the "Company") (NASDAQ: VDSI), concerning whether the board has breached its fiduciary duties to shareholders.
On July 21, 2015, VASCO disclosed that certain of its products may have been illegally sold to parties in Iran subject to economic sanctions. The Company has notified the U.S. Department of the Treasury, Office of Foreign Assets Control and the U.S. Department of Commerce, Bureau of Industry and Security and will report to them the full extent of the violations once an internal review has been completed.
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