NEW YORK, March 15, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of FTD Companies, Inc. ("FTD" or the "Company") (NASDAQ: FTD). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ftd.
The investigation concerns whether FTD and certain of its officers and/or directors have complied with federal securities laws.
On March 14, 2017, after-market hours, FTD revealed its disappointing financial results for the quarter and year ended December 31, 2016. FTD said that due to identified errors, it will restate previously reported consolidated financial statements for the years ended December 31, 2015 and 2014 and for the quarters in the years ended December 31, 2015 and 2016. Following this news, FTD stock dropped as much as $6.53 per share, or 27.92%, during intraday trading on March 15, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of FTD, you can assist this investigation by visiting the firm's site: www.bgandg.com/ftd. 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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