NEW YORK, Dec. 12, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities Fred's, Inc. ("Fred's" or the "Company") (NASDAQ: FRED). Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at firstname.lastname@example.org or 212-697-6484.
The investigation concerns whether Fred's and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On December 8, 2016, Fred's announced its 2016 third quarter results, revealing a loss of $38.4 million, a drastic drop of $1.4 million from the previous year's same period total income. During the earnings call, Fred's did not accept any calls from analysts, and mentioned a "pending transaction." Following this news, Fred's stock dropped, damaging investors.
If you are aware of any facts relating to this investigation, or purchased shares Fred's, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/fred. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email email@example.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.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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