NEW YORK, May 22, 2014 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of ITT Educational Services ("ITT" or the "Company") (NYSE: ESI). The investigation focuses on whether the Company and its executives violated federal securities laws.
On May 22, 2014, shares of the ITT fell $5.52 or 21.40% during intraday trading to trade at $20.28 after the Company said it was withdrawing its forecast due to uncertainties related to the accounting of its PEAKS private student loan program and its guarantee obligations under it. The company is yet to file its 2013 annual report due to the same reason.
If you are aware of any facts relating to this investigation, or purchased shares of ITT you can assist this investigation by contacting either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman 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.
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 Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC