NEW YORK, April 17, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of ForceField Energy Inc. ("ForceField Energy" or the "Company") (NasdaqCM: FNRG -News). 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 ForceField Energy and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On April 15, 2015, Seeking Alpha published a report on ForceField Energy, which stated that: (a.) it was previously a client of the now defunct The Dream Team Group—a firm that received payment to write undisclosed articles; (b.) it has engaged paid promoters to issue a series of upbeat reports on its prospects; (c.) some of these reports made use of undisclosed promotions pretending to be independent authors; and (d.) its management has close ties to past fraudulent companies and activities. Following this news, shares of ForceField Energy fell $1.66 per share or over 21% to close at $6.05 per share on April 15, 2015. The Shares continued to decline the next day closing at $4.74 on April 16, 2015.
If you are aware of any facts relating to this investigation, or purchased shares of ForceField Energy, 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
SOURCE Bronstein, Gewirtz & Grossman, LLC