SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Helios and Matheson Analytics Inc. (HMNY)
NEW YORK, July 30, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Helios and Matheson Analytics Inc. ("Helios and Matheson" or "the Company") (NASDAQ: HMNY). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hmny.
The investigation concerns whether Helios and Matheson and certain of its officers and/or directors have violated federal securities laws.
On July 27, 2018, Helios and Matheson stock dropped after it filed a Form 8-K with the U.S. Securities and Exchange Commission admitting that the outage of the MoviePass service on July 26, 2018 was because it was out of funds. The filing stated that Helios and Matheson was forced to borrow over $6 million to resume operations. Following this news, Helios and Matheson stock dropped 59% on intraday trading on July 27, 2018.
If you are aware of any facts relating to this investigation, or purchased Helios and Matheson shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/hmny. 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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