NEW YORK, July 13, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Stericycle, Inc. ("Stericycle" or the "Company") (NASDAQ: SRCL). Such investors are advised to contact Peretz Bronstein or his investor relations analyst, Yael Hurwitz at [email protected] or 212-697-6484.
The investigation concerns whether Stericycle 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, Stericycle announced its discouraging financial results for the third quarter of 2015 and its cut earnings guidance. Following this news, Stericycle stock dropped $28.73 per share, or 19.28%, to close at $120.31 on October 23, 2015. Later, on April 28, 2016, Stericycle once again revealed similar low results for the first quarter of 2016. Following this news, Stericycle stock dropped an additional $26.18 per share, or 21.5%, to close at $95.56 on April 29, 2016. Stericycle has publicly attributed these disappointing figures to issues with energy prices, increased costs, difficulties in integrating a large acquisition, and a softer hazardous waste market.
If you purchased Stericycle shares or if you are aware of any facts relating to this investigation, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/#!srcl/eij8h. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 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