SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Electronics for Imaging, Inc. (EFII)
NEW YORK, Aug. 4, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Electronics for Imaging, Inc. ("EFI" or the "Company") (NASDAQ: EFII). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/efii.
The investigation concerns whether EFI and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On August 3, 2017, EFI revealed that it was postponing a conference call, at which it had expected to discuss preliminary second quarter 2017 financial and operating results, that would enable EFI to complete an assessment of the timing of recognition of revenue. EFI also said that it was completing an assessment of the effectiveness of current and historical disclosure controls and internal control over financial reporting and advised investors that it "expects to report a material weakness in internal control over financial reporting related to this matter" and that "EFI also expects to report that disclosure controls were not effective in prior periods." Following this news, EFI stock has dropped as much as $20.15 per share, or 42.28%, during intraday trading on August 4, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of EFI, you can assist this investigation by visiting the firm's site: www.bgandg.com/efii. 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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