NEW YORK, Aug. 13, 2012 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Monster Beverage Corporation ("Monster Beverage" or the "Company") (NasdaqGS: MNST), concerning potential violations of federal securities laws.
On August 10, 2012, shares of Monster Beverage dropped 11% or $6.93 per share to close at $54.27 after the company disclosed it is being investigated by a state attorney general. Monster Beverage disclosed in a regulatory filing last Thursday that, "In July 2012, the Company received a subpoena from a state attorney general in connection with an investigation concerning the Company's advertising, marketing, promotion, ingredients, usage and sale of its Monster Energy® brand of energy drinks." The company provided little detail, saying the investigation was in its early stages.
If you are aware of any facts relating to this investigation, or purchased shares of Monster Beverage, you can assist this investigation by contacting either Peretz Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC, at 212-697-6484 or via email [email protected]. 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.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman, 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC