Bronstein, Gewirtz & Grossman, LLC Announces Investigation of UniTek Global Services, Inc.
NEW YORK, April 15, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of UniTek Global Services, Inc. ("UniTek" or the "Company") (NasdaqGM: UNTK). The investigation focuses on whether the Company and its executives violated federal securities laws.
On April 12, 2013 UniTek announced that its previously issued consolidated financial statements for the interim periods ended March 31, 2012, June 30, 2012 and September 29, 2012 (the "2012 Fiscal Quarters"), the interim period ended October 1, 2011 and the fiscal year ended December 31, 2011 should no longer be relied upon. The Company also disclosed that, "as a result of an ongoing internal investigation being conducted by the Audit Committee of the Company's Board of Directors, with the assistance of outside independent counsel and a forensic accounting firm, it was determined that several employees of the Company's Pinnacle Wireless subsidiary engaged in fraudulent activities that resulted in improper revenue recognition." UniTek announced that the several employees were terminated including the Company's CFO.
If you are aware of any facts relating to this investigation, or purchased shares of UniTek, you can assist this investigation by contacting Peretz Bronstein of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email at firstname.lastname@example.org. 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.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC
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