NEW YORK, Nov. 26, 2014 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of all persons who purchased securities of FireEye, Inc. ("FireEye" or the "Company") (NasdaqGS: FEYE -News) between January 2, 2014 through November 4, 2014, inclusive (the "Class Period") Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at [email protected] or 212-697-6484.
The investigation concerns whether FireEye and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On May 6, 2014, FireEye's first quarter results of $24.3 million in product revenue fell meaningfully short of analysts' estimates of $31 million and reflected a move away from FireEye's organic software business and towards service-oriented offerings which lacked the same potential for profitability. On this news, shares of FireEye fell $8.48 per share to close at $28.65
On November 4, 2014, after the market closed for trading, the Company released disappointing third quarter results that missed analysts' expectations, and further revealed the Company's virtual abandonment of its core software product business model, resulting in a quarterly loss of $0.51 per share.
If you are aware of any facts relating to this investigation, or purchased shares of FireEye, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator 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, email 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. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
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