NEW YORK, Oct. 22, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Millicom International Cellular SA, Inc. ("Millicom" or the "Company") (OTC:MIICF -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 Millicom and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On October 22, 2015, pre-market, the mobile carrier disclosed that it had reported suspected "improper payments" at its Guatemalan business to law enforcement authorities. The payments were made on behalf of the company's joint venture Comunicaciones Celulares SA, which sells mobile services under the Tigo brand.
Following this news, shares of Millicom fell $4.27 or 7.23% during intraday trading to trade at $54.83 on October 22, 2015.
If you are aware of any facts relating to this investigation, or purchased shares of Millicom, 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