NEW YORK, Aug. 2, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of NuVasive Inc. ("NuVasive" or the "Company") (NASDAQ: NUVA). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/nuva.
The investigation concerns whether NuVasive and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On July 27, 2017 after-market hours, NuVasive revealed that Jason Hannon, president and chief operating officer, is stepping down from his position to pursue other interests. NuVasive also announced that Quentin Blackford, its chief financial officer is resigning effective August 25, 2017. The Company also reported second quarter EPS of $0.46, up from $0.40 in the prior year period. The consensus estimate was for EPS of $0.44. Following this news, NuVasive stock dropped $1.09 per share, or about 10%, to close at $67.11 on July 28, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of NuVasive, you can assist this investigation by visiting the firm's site: www.bgandg.com/nuva. 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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