Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Maxwell Technologies, Inc. ("Maxwell" or the "Company") (NASDAQ:MXWL). Maxwell develops, manufacturers, and markets energy storage and power delivery products, and microelectronic products. The Company was founded in 1965 and is headquartered in San Diego, California.

Robbins Umeda LLP´s investigation concerns whether Maxwell´s directors and officers breached their fiduciary duties in connection with the Company´s potential violations of the Foreign Corrupt Practices Act ("FCPA"). The FCPA prohibits companies from making improper payments to foreign officials for the purpose of obtaining or keeping business.

Maxwell announced in May 2010 that it began conducting an inquiry into the nature of certain payments made to the Company´s former independent sales agent in China with respect to the sales of its high voltage capacitor products produced by Maxwell´s Swiss subsidiary, Maxwell SA. The Company also disclosed that it was providing information and documents to the U.S. Securities and Exchange Commission ("SEC") and the Department of Justice ("DOJ"), about such payments made to the sales representative in China. The payments equated to the difference between the Company´s quoted price for certain products and the amount that the sales agent could sell such products to customers in China. Though the payments were recorded as commissions, a portion of these payments were actually rebated directly or indirectly to customers.

While the Company continues its review of potential FCPA violations, in the fourth quarter of 2009, Maxwell reported an accrual of $9.3 million for the potential settlement with the SEC and the DOJ. The Company anticipates that the settlement will range between $9.3 million to $20 million.

These potential violations of the FCPA may have exposed the Company to significant liability and may have caused damage to Maxwell´s reputation and goodwill.

If you are a shareholder of Maxwell, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsumeda.com.

Robbins Umeda LLP is a California-based law firm, which has significant experience representing investors in shareholder derivative actions, securities fraud class actions, and merger-related shareholder class actions. For more information about the firm, please go to http://www.robbinsumeda.com.

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Robbins Umeda LLP
Gregory E. Del Gaizo, 800-350-6003
info@robbinsumeda.com