NEW YORK, March 2, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CIT Group Inc. ("CIT" or the "Company") (NYSE: CIT). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/cit.
The investigation concerns whether CIT and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On March 1, 2017, after market hours, CIT revealed that it would not be able to meet the deadline for filing an annual report for the second consecutive year due to ongoing weakness in the accounting of a mortgage business. CIT counseled shareholders that it would be restating its financial statements for 2014, 2015, and the fourth quarter of 2016.
If you are aware of any facts relating to this investigation, or purchased shares of CIT, you can assist this investigation by visiting the firm's site: www.bgandg.com/cit. 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-cit-group-inc-cit-300417157.html
SOURCE Bronstein, Gewirtz & Grossman, LLC