NEW YORK, April 25, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Intrexon Corporation ("Intrexon" or "the Company") (NYSE: XON). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at [email protected] or 212-697-6484.
This investigation concerns whether Intrexon and certain of its officers and/or directors have violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the "Exchange Act").
On April 21, 2016, Spotlight Research reported about Intrexon that: (1) Intrexon's technology is being questioned by the WHO, CDC and NIH; (2) Intrexon exaggerated its revenues by 50% through dealings with related parties; (3) Intrexon's technology program is just overhyped failed products; and (4) Intrexon is the Theranos of the public markets.
Following this news, Intrexon stock dropped $9.73 per share or over 26%, to close at $27.10 per share on April 21, 2016.
If you are aware of any facts relating to this investigation, or purchased shares of Intrexon, you can assist this investigation by visiting the firm's website: http://www.bgandg.com/#!xon/pj7k7. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz 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 Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC