SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Stericycle Inc. (SRCLP)

Jan 28, 2016, 10:00 ET from Bronstein, Gewirtz & Grossman, LLC

NEW YORK, Jan. 28, 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: SRCLP).  Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at info@bgandg.com 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 September 9, 2015, Stericycle announced a public offering of 7,000,000 depositary shares at $100.00 per share. About two months later, on October 22, 2015, Stericycle revealed its financial results for the 2015 third quarter and year to date, below expectations, with the Company reporting a revenue for the third quarter of $718.6 million. In a conference call with Stericycle's CEO, Charlie Alutto claimed that the "slowdown which we saw accelerate in the third quarter is going to actually get worse in fourth quarter and then level off in 2016."

Following this news, the Stericycle stock dropped more than 12%, damaging investors.

If you are aware of any facts relating to this investigation, or purchased shares of Stericycle, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/#!srclp/z6tz3. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email info@bgandg.com.  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.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

 

SOURCE Bronstein, Gewirtz & Grossman, LLC



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