NEW YORK, Dec. 21, 2017 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Philip Morris International Inc. ("Philip Morris" or the "Company") (NYSE: PM). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/pm.
The investigation concerns whether Philip Morris and certain of its officers and/or directors have violated Sections federal securities laws.
On December 20, 2017, Reuters reported that "[f]ormer employees and contractors [of Phillip Morris] have detailed irregularities in the clinical experiments that underpin Philip Morris International's application to the FDA for approval of its iQOS smoking device." The article continued to say that "Tamara Koval, who worked at the company from 2012 to 2014 and helped coordinate clinical trials for the device, questioned the quality of some of the researchers and sites contracted to carry out those experiments," and that "after [Koval] raised concerns about the Polish study with Philip Morris executives in Switzerland she was excluded from meetings." Following this news, Philip Morris stock dropped during intraday trading on December 20, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Philip Morris, you can assist this investigation by visiting the firm's site: www.bgandg.com/pm. 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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