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03.08.2017 19:35:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Molina Healthcare, Inc. (MOH)
NEW YORK, Aug. 3, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Molina Healthcare, Inc. ("Molina" or the "Company") (NYSE: MOH). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/moh.
The investigation concerns whether Molina and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On August 2, 2017, Molina withdrew its 2017 earnings projection and revealed that it will eliminate 1,500 jobs and exit certain Obamacare markets after the health insurer posted a significant second quarter loss. Following this news Molina stock dropped after market-hours.
If you are aware of any facts relating to this investigation, or purchased shares of Molina, you can assist this investigation by visiting the firm's site: www.bgandg.com/moh. 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 | info@bgandg.com
View original content with multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-molina-healthcare-inc-moh-300499287.html
SOURCE Bronstein, Gewirtz & Grossman, LLC
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