SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Apigee Corporation (APIC)

Jan 26, 2016, 12:26 ET from Bronstein, Gewirtz & Grossman, LLC

NEW YORK, Jan. 26, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Apigee Corporation ("Apigee" or the "Company") (Nasdaq: APIC).  Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at info@bgandg.com or 212-697-6484.

The investigation concerns whether Apigee and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

Apigee makes free application programmable interface (API) tools for developers and also sells an API platform, digital strategies and business insights to enterprises.

On April 24, 2015, Apigee's stock traded as high as $20.50 per share. On that day, Apigee sold 5.1 million shares during its initial public stock offering (the "IPO"), raising $87 million in new capital. Despite the initial trading during the IPO, Apigee's stock has collapsed to a low of $8.80 per share during intraday trading on January 26, 2016.

If you are aware of any facts relating to this investigation, or purchased shares of Apigee, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/#!apic/qbgob.  You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email info@bgandg.com.  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 | info@bgandg.com

 

SOURCE Bronstein, Gewirtz & Grossman, LLC



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