NEW YORK, Aug. 20, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bayer Aktiengesellschaft ("Bayer" or the "Company") (OTCMKT: BAYRY). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/bayry.
The investigation concerns whether Bayer and certain of its officers and/or directors have violated federal securities laws.
On August 15, 2018, the California Supreme Court denied a request by Bayer's subsidiary Monsanto Company ("Monsanto") for a review of a lower-court ruling that upheld California's authority to add glyphosate, the principal ingredient in Monsanto's Roundup herbicide product, to a list of known carcinogens published by the state pursuant to Proposition 65. Inclusion of a chemical on California's Proposition 65 list prohibits businesses from discharging the chemical into sources of drinking water and requires them to warn members of the public who may be exposed to the product. On this news, Bayer's American depositary receipt price fell $1.01, or 4.4%, to close at $21.86 on August 16, 2018.
If you are aware of any facts relating to this investigation, or purchased Bayer shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/bayry, 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 protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC