SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Arconic Inc. (ARNC; ARNC-P; ARNC-PB)
NEW YORK, June 26, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Arconic Inc. ("Arconic" or the "Company") (NYSE: ARNC; ARNC-P; ARNC-PB). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/arnc.
The investigation concerns whether Arconic and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On June 24, 2017, The New York Times issued a report, "Why Grenfell Tower Burned: Regulators Put Cost Before Safety", recounting the sources of the June 14, 2017 fire at the Grenfell Tower apartment complex in London, England that killed 79 people. The article described how Grenfell Tower's façade consisted of panels containing combustible polyethylene cores, manufactured and promoted by Arconic, that "enabled the fire to spread rapidly on the exterior of the building." The article continued to state that Arconic's U.K. marketing resources for the façade panels contain a less thorough safety warning than Arconic's marketing materials for other countries. Following this news, Arconic stock has dropped as much as $2.89, or 11.32%, during intraday trading on June 26, 2017.
If you are aware of any facts relating to this investigation, or purchased Arconic shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/arnc. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
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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