NEW YORK, Feb. 23, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cemtrex, Inc. ("Cemtrex" or the "Company") (NASDAQ: CETX). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/cetx.
The investigation concerns whether Cemtrex and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On February 22, 2017, Seeking Alpha published a report on Cemtrex revealing that: (1) over $1 million has been paid to infamous stock promoters to endorse Cemtrex; (2) its founder Aron Govil is covertly paying promoters behind imploded frauds like Forcefield Energy; and (3) Code Rebel via an undisclosed entity and insiders of Cemtrex have been heavily selling shares during the paid promotion without divulging them. Following this news, Cemtrex stock dropped sharply during intraday trading on February 22, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Cemtrex, you can assist this investigation by visiting the firm's site: www.bgandg.com/cetx. 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 | firstname.lastname@example.org
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