NEW YORK, Dec. 12, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Kering S.A. ("Kering" or the "Company") (OTCMKTS: PPRUY). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ppruy.
The investigation concerns whether Kering and certain of its officers and/or directors have violated Sections federal securities laws.
On December 2, 2017, Reuters reported that Italian tax police had visited the offices of Guccio Gucci SpA ("Gucci"), a subsidiary of Kering, in connection with a tax evasion probe. Citing a "source with direct knowledge of the matter," Reuters reported that "Milan prosecutors suspected Gucci . . . may have paid taxes on profits generated by sales in Italy in another country with a more favorable tax regime." Following this news, Kering's American Depositary Receipt dropped $0.55 per share, or 1.22%, to close at $44.15 on December 4, 2017, the following trading day.
If you are aware of any facts relating to this investigation, or purchased shares of Kering, you can assist this investigation by visiting the firm's site: www.bgandg.com/ppruy. 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
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