NEW YORK, July 26, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Facebook, Inc. ("Facebook" or the "Company") (NASDAQ: FB). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/fb.
The investigation concerns whether Facebook and certain of its officers and/or directors have violated federal securities laws.
On July 25, 2018, post-market, Facebook announced its financial and operating results for the second quarter of 2018. The Company reported revenues and numbers of daily and monthly active users that fell short of market expectations. On a conference call discussing Facebook's financial outlook, the Company's chief financial officer stated that Facebook expected its revenue growth to slow and its operating margins to fall. Following these disclosures, Facebook's share price fell sharply during intraday trading on July 26, 2018.
If you are aware of any facts relating to this investigation, or purchased Facebook shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/fb. 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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