SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Aerojet Rocketdyne Holdings, Inc. (AJRD)

NEW YORK, Feb. 2, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Aerojet Rocketdyne Holdings, Inc. ("Aerojet Rocketdyne" or the "Company") (NYSE: AJRD).  Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at [email protected] or 212-697-6484.

The investigation concerns whether Aerojet Rochetdyne and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On February 1, 2016, pre-market, Aerojet Rocketdyne released that after discussions with their auditor, the Company's consolidated financial statements for fiscal years 2013 and 2014, for the quarter ended August 31, 2013, and for the quarters ended February 28, May 31, and August 31, 2014 and 2015, need to be restated and should no longer be relied upon. Aerojet Rocketdyne announced that they expect the impact of adjustments may widen the company's fiscal year 2013 pretax loss from continuing operations by $9.5 million to $11.5 million, decrease its fiscal year 2014 pretax loss from continuing operations by $5 million to $7.25 million, and decrease the company's pretax loss from continuing operations for the nine months ended August 31, 2015 by $0.25 million to $1.0 million.

If you are aware of any facts relating to this investigation, or purchased shares of Aerojet Rocketdyne, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/#!arjd/qp2uh. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email [email protected].  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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