SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Standard Chartered plc (SCBFF)
NEW YORK, Sept. 27, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Standard Chartered plc ("Standard Chartered" or the "Company) (OTCMKTS: SCBFF). Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at [email protected] or 212-697-6484.
The investigation concerns whether Standard Chartered and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On September 27, 2016, pre-market, The Wall Street Journal published a report stating that the U.S. Department of Justice is investigating Standard Chartered for "allegations that an Indonesian power company controlled by the London-based bank paid bribes to win contracts." Following this news, Standard Chartered stock has dropped as much as $0.26 per share, or 3.23%, to $7.80 during intraday trading on September 27, 2016.
If you are aware of any facts relating to this investigation, or purchased shares of Standard Chartered, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/scbff. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 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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