SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Herbalife, Ltd. (HLF)
NEW YORK, June 5, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Herbalife, Ltd. ("Herbalife" or the "Company") (NYSE: HLF). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hlf.
The investigation concerns whether Herbalife and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On June 5, 2017, Herbalife announced that due to stronger new Federal Trade Commission regulations, its sales would be hurt and it was lowering its sales guidance. News sources also reported and alleged that several insiders at Herbalife sold stocks and options over the past month, and that certain company executives, including general counsel, Mark Friedman left Herbalife. Following this news, Herbalife stock dropped over 7% during intraday trading on June 5, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Herbalife, you can assist this investigation by visiting the firm's site: www.bgandg.com/hlf. 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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