SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Party City Holdco Inc.
NEW YORK, Nov. 16, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Party City Holdco Inc. ("Party City" or the "Company") (NYSE: PRTY -News). Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at [email protected] or 212-697-6484.
The investigation concerns whether Party City and certain of its officers and/or directors have violated federal securities laws.
Specifically, the investigation will focus on the stock's continuous slide since its April 16, 2015, initial public offering. The decline in the stock has followed multiple earnings announcements that fell short of Wall Street's expectations. On April 16, 2015, Party City conducted an Initial Public Offering of 21.875 million shares of common stock at $17 per share. On November 12, 2015, Party City reported a loss of $44.5 million in its third quarter.
If you are aware of any facts relating to this investigation, or purchased shares of Party City, 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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