SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Mercury Systems, Inc. (MRCY)
NEW YORK, May 3, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mercury Systems, Inc. ("Mercury" or the "Company") (NASDAQ: MRCY). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/mrcy.
The investigation concerns whether Mercury and certain of its officers and/or directors have violated federal securities laws.
On April 18, 2018, Spruce Point Capital Management ("Spruce Point") published a report asserting that following a "forensic and fundamental analysis" of the Company, Mercury "appears to be caught in the perfect storm of slowing growth, rising costs and debt." Specifically, the Spruce Point report sees "multiple material adverse changes currently facing Mercury which suggest 50% to 85% downside risk." On this news, Mercury's share price fell $1.34, or 2.91%, to close at $44.67 on April 18, 2018.
If you are aware of any facts relating to this investigation, or purchased Mercury shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/mrcy. 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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