NEW YORK, April 19, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Del Taco Restaurants, Inc. ("Del Taco" or the "Company") (NASDAQ: TACO). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/taco.
The investigation concerns whether Del Taco and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On April 12, 2017, Seeking Alpha reported that Del Taco, among other things, has been overstating EBITDA by as much as 20% and Net Income by as much as 38% by capitalizing normal expenses and understating to Wall-Street the true cost of opening new franchises. Following this news, Del Taco stock dropped during intraday trading on April 12, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Del Taco, you can assist this investigation by visiting the firm's site: www.bgandg.com/taco. 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
212-697-6484 | firstname.lastname@example.org
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