SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Lexmark International, Inc. (LXK)
NEW YORK, July 24, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Lexmark International, Inc. ("Lexmark" or the "Company") (NYSE: LXK). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/lxk.
The investigation concerns whether Lexmark and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On July 21, 2015, Lexmark revealed poor financial and operating results for its second quarter of 2015 and lowered its full-year 2015 sales guidance, citing lower-than-expected supplies revenue from its European wholesale distributors. The company also said that it was enduring "ongoing headwinds from the strong U.S. dollar and near-term laser supplies channel optimization." Following this news, Lexmark stock dropped $9.57 per share, or 20.2%, to close at $37.75 on July 21, 2015.
If you are aware of any facts relating to this investigation, or purchased shares of Lexmark, you can assist this investigation by visiting the firm's site: www.bgandg.com/lxk. 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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