Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of MagnaChip Semiconductor Corporation

NEW YORK, Jan. 28, 2014 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX -News).  Such investors are advised to contact Peretz Bronstein or his Investor Relation's coordinator Eitan Kimelman at [email protected] or 212-697-6484.

The investigation concerns whether MagnaChip and certain of its officers and/or directors have violated federal securities laws.  On January 27, 2014, MagnaChip announced in a regulatory filing the postponement of its fourth quarter 2013 earnings release and investor conference call to provide additional time for the Company to complete its review of its financial results for the fourth quarter and full year 2013.

On this news, shares of MagnaChip fell $1.47 or 8.36% during intraday trading to trade at $16.10 On January 28, 2014.

If you are aware of any facts relating to this investigation, or purchased shares of MagnaChip you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman 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 Eitan Kimelman 212-697-6484
[email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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