On February 7, 2017, Citron Research published an article that Motorola's handset sales contributed "a whopping 76.7% of Motorola's bottom line", that Motorola's handsets were considerably overpriced, and that the Company's "borderline anti-competitive" sale strategies were unlikely to maintain in competitive bidding for government contracts. Following this news, Motorola's stock dropped $4.39 per share, or 5.37%, to close at $77.34 on February 7, 2017.
If you are aware of any facts relating to this investigation, or purchased Motorola shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/msi. 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 | email@example.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC