Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of The Active Network, Inc.
NEW YORK, Aug. 5, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of The Active Network, Inc. ("Active Network" or the "Company") (NYSE: ACTV).
The investigation focuses on whether Active Network and certain of its officers violated federal securities laws when making statements to investors in connection with the Company's initial public offering on May 25, 2011. Specifically, the investigation focuses on statements issued by Active Network regarding customer conversions to its online registration systems. On November 1, 2012, Active Network announced lower guidance for its 2013 fiscal year. On this news shares of Active Network declined.
If you are aware of any facts relating to this investigation, or purchased shares of Active Network between May 25, 2011 and November 1, 2012, or in connection with its IPO, 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