NEW YORK, June 20, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Axiom Holdings, Inc. ("Axiom" or the "Company") (OTCMKT: AIOM). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/aiom.
The investigation concerns whether Axiom and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On June 19, 2017, Axiom revealed that it had identified discrepancies connected to prior news releases following a subpoena from the U.S. Securities and Exchange Commission. Specifically, Axiom disclosed: (1) issues relating to the propriety of Axiom's December 2016 share exchange with CJC Holdings, Ltd. ("CJC"), under which Axiom acquired all of CJC's outstanding shares; and (2) that the purported Chief Executive Officer of CJC, who signed the share exchange agreement in December 2016, had actually resigned from that role a month earlier. Following this news, Axiom stock has dropped as much as $0.21 per share, or 23.08%, during intraday trading on June 20, 2017.
If you are aware of any facts relating to this investigation, or purchased Axiom shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/aiom. 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.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
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