NEW YORK, June 23, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, reminds investors of class action against First NBC Bank Holding Company ("First NBC" or the "Company") (NASDAQ: FNBC). The class action has been filed on behalf of a class consisting of all persons or entities who purchased Horsehead securities between May 10, 2013 and April 8, 2016, both dates inclusive (the "Class Period").
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act").
The Complaint alleges that certain officers and directors have issued materially false and misleading statements and/or failed to disclose opposing information to investors regarding First NBC's business and financial results, including that: (1) First NBC had wrongly accounted for certain of its tax credit entities; (2) the carrying value of its investments in tax credits on its books was exaggerated; (3) these investments should have been marked as impaired and charges taken against them on a more timely basis; and (4) First NBC had a greater exposure to the oil and gas industry than it had revealed and did not take necessary precautions against this growing exposure.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint and join the action, visit the firm's website: http://www.bgandg.com/#!fnbc/mdguq. To discuss this action, or have any questions, please contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email firstname.lastname@example.org. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in First NBC you have until July 5, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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 or Yael Hurwitz
212-697-6484 | email@example.com
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