NEW YORK, Feb. 13, 2014 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Itron, Inc.("Itron" or the "Company") (NasdaqGS -ITRI). Such investors are advised to contact Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman at email@example.com or 212-697-6484.
The investigation concerns whether Itron and certain of its officers and/or directors have violated federal securities laws. On February 12, 2014, shares of Itron fell $6.08 or 15.51% in after-hours trading to trade at $33.11, after the Company announced in a regulatory filing a surprising $173 million impairment to goodwill in connection with delays in global smart grid projects the Company has under development, and lower volumes and pricing pressures in certain regions in Europe and the Asia Pacific.
If you are aware of any facts relating to this investigation, or purchased shares of Itron, 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 firstname.lastname@example.org. 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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