NEW YORK, Dec. 18, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Energy Recovery, Inc. ("Energy Recovery " or the "Company") (NASDAQ: ERII). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/erii.
The investigation concerns whether Energy Recovery and certain of its officers and/or directors have violated Sections federal securities laws.
On December 18, 2017, Energy Recovery announced that the Company will not conclude milestone testing of its VorTeq hydraulic fracking technology by the end of 2017. Energy Recovery stated that a physical examination of the VorTeq system indicated that certain of its components were suboptimal. On this news, Energy Recovery's share price has fallen as much as $0.96, or 9.46%, during intraday trading on December 18, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Energy Recovery, you can assist this investigation by visiting the firm's site: www.bgandg.com/erii. 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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