NEW YORK, May 2, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Silicon Graphics International Corp. ("Silicon Graphics" or the "Company") (NASDAQ: SGI). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at firstname.lastname@example.org or 212-697-6484.
This investigation concerns whether Silicon Graphics and certain of its officers and/or directors have violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the "Exchange Act").
On January 27, 2016, Silicon Graphics restated its revenue outlook for fiscal year 2016 in the range of $600 to $625 million. Later on April 27, 2016, Silicon Graphics lowered its revenue outlook for fiscal year 2016, citing postponements its federal business. Silicon Graphics also announced that its President and Chief Executive Officer, Jorge Titinger, suggested that the postponements in federal business "are significantly impacting" Silicon Graphics' outlook for fiscal year 2016. Following this news, Silicon Graphics dropped $2.39 per share, or 34.19%, to close at $4.60 on April 28, 2016.
If you are aware of any facts relating to this investigation, or purchased shares of Silicon Graphics, you can assist this investigation by visiting the firm's website: http://www.bgandg.com/#!sgi/wh5kr. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 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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