NEW YORK, Oct. 31, 2016 /PRNewswire/ -- Levi & Korsinsky announces it has commenced an investigation of Fenix Parts, Inc. ("Fenix Parts" or the "Company") (NASDAQ: FENX) concerning possible violations of federal securities laws by certain officers and directors.
On August 16, 2016, Fenix filed a notification of late filing of its Form 10-Q for the second quarter of 2016 with the U.S. Securities and Exchange Commission ("SEC"). The Company said the delay was due to a change in auditors. On October 13, 2016, the Company filed a Form 8-K with the SEC, stating that since it failed to timely file its Form 10-Q for the second quarter of 2016, NASDAQ issued it a notice of delisting. The Company also announced that it received a subpoena from the SEC requiring production of documents relating to its recent change of auditors, its previously announced business combinations and related goodwill impairment charge, effectiveness of internal controls over financial reporting, and internal valuation methodology. To obtain additional information about the investigation, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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SOURCE Levi & Korsinsky, LLP