SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Cogint, Inc. (COGT)
NEW YORK, June 6, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cogint, Inc. ("Cogint" or the "Company") (NASDAQ: COGT). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/cogt.
The investigation concerns whether Cogint 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 5, 2017, MarketWatch reported that Cogint fell following a "negative report from a short seller alleging that a number of the data analysis company's insiders were under investigation for securities fraud." The article states that short-seller Une Mon, has alleged that (1) the SEC, DOJ and FBI are presently investigating numerous Cogint insiders and promoters for stock promotions and securities fraud; (2) recent documents expose that Chairman Michael Brauser is facing several SEC and DOJ investigations concerning multiple collapsed stock promotions; and (3) over the past 12 weeks, Cogint promoters have been indicted on criminal fraud and stock promotion charges. Following this news, Cogint stock dropped sharply during intraday trading on June 5, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Cogint, you can assist this investigation by visiting the firm's site: www.bgandg.com/cogt. 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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