Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Logitech International SA (LOGI)
NEW YORK, April 21, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Logitech International SA ("Logitech" or the "Company") (NASADQ: LOGI). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at [email protected] or 212-697-6484.
This investigation concerns whether Logitech and certain of its officers and/or directors have violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the "Exchange Act").
On April 19, 2016, the Securities and Exchange Commission stated that Logitech agreed to pay a penalty of $7.5 million for deceptively overstating its fiscal year 2011 financial results to meet earnings guidance and promising other accounting-related violations during a five-year period. Logitech's previous controller and director of accounting also agreed to pay penalties of $50,000 and $25,000, for violations connected to Logitech's warranty accrual accounting and failure to repay intangibles from an earlier acquisition.
If you are aware of any facts relating to this investigation, or purchased shares of Logitech, you can assist this investigation by visiting the firm's website: http://www.bgandg.com/#!logi/blyt8. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz 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 Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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