08.02.2018 19:00:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Quantum Corporation (QTM)
NEW YORK, Feb. 8, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Quantum Corporation ("Quantum" or the "Company") (NYSE: QTM). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/qtm.
The investigation concerns whether Quantum and certain of its officers and/or directors have violated Federal Securities Laws.
On February 8, 2018, Quantum revealed that on January 11, 2018 it received a subpoena from the Securities and Exchange Commission (the "SEC") for its accounting practices and internal controls connected to its revenue recognition for transactions commencing April 1, 2016. Quantum said it would delay releasing its third quarter 2018 results and the earnings conference call so that its audit committee could complete its accounting and internal controls investigation. Following this news, Quantum stock has dropped during intraday trading on February 8, 2018.
If you are aware of any facts relating to this investigation, or purchased Quantum shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/qtm. 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
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SOURCE Bronstein, Gewirtz & Grossman, LLC
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