NEW YORK, May 26, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Zoompass Holdings, Inc. ("Zoompass" or the "Company") (OCTMKT: ZPAS). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/zpas.
The investigation concerns whether Zoompass and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On May 25, 2017, Seeking Alpha reported among other things that Zoompass had: (1) falsely denied that it was associated with a scheme to promote Zoompass' stock; and (2) concealed that its Chief Executive Officer had been engaged in a purported pump-and-dump scheme. Following this news, Zoompass stock dropped $0.70 per share or over 23% to close at $2.25 per share on May 25, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Zoompass, you can assist this investigation by visiting the firm's site: www.bgandg.com/zpas. 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
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-zoompass-holdings-inc-zpas-300464644.html
SOURCE Bronstein, Gewirtz & Grossman, LLC