SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of GNC Holdings Inc.
NEW YORK, Oct. 23, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of GNC Holdings Inc. ("GNC" or the "Company") (NYSE: GNC -News). Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at [email protected] or 212-697-6484.
The investigation concerns whether GNC and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On October 22, 2015, the State of Oregon sued the company, claiming that the company's nutritional and dietary supplements are laced with unapproved drugs, including picamilon, a Russian prescription medicine for neurological conditions, and BMPEA, which was first synthesized in the 1930s as a replacement for amphetamines and never studied in humans.
Following this news, shares of GNC fell $5.73, or 14.24%, to close at $34.50 on October 22, 2015.
If you are aware of any facts relating to this investigation, or purchased shares of GNC, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
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 Eitan Kimelman 212-697-6484
[email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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