SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Illumina Inc. (ILMN)

NEW YORK, Oct. 21, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Illumina Inc. ("Illumina" or the "Company") (NASDAQ: ILMN). Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at [email protected] or 212-697-6484.  

The investigation concerns whether Illumina 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 10, 2016 Illumina announced its disappointing financial results for the third quarter of fiscal year 2016. Previously, the company had predicted revenues of $625 to $630 million for the quarter. Now mentioning "declining demand for its high-speed genetic sequences," Illumina generated just $607 million. Following this news, Illumina stock dropped as much as 25% during intraday trading on October 11, 2016.

If you are aware of any facts relating to this investigation, or purchased Illumina shares, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/ilmn. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 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 Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

Related Links

http://www.bgandg.com