NEW YORK, July 25, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a securities class action has been filed on behalf of those who purchased shares of EndoChoice Holdings, Inc. ("EndoChoice" or the "Company") (NYSE: GI) pursuant and or traceable to the Company's Registration Statement issued in connection with the Company's Initial Public Offering on or about June 5, 2016.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act").
The complaint alleges that the documents issued with the Initial Publice Offering (the "IPO") were materially misleading and/or omitted material facts. On June 5, 2015, EndoChoice launched its IPO of 6,350,000 shares priced at $15.00 per share of common stock. On November 5, 2015, EndoChoice revealed a drop in Fuse placements in the third quarter and announced it had joined a strategic partnership with De Lage Landen Financial Services, Inc. to provide new financing options for US EndoChoice customers. Following this news, EndoChoice stock dropped over 22%.
No Class has yet been certified in the above action. To discuss this action, or for any questions, please visit the firm's site: http://www.bgandg.com/#!gi/de2sa or contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz 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 and telephone number. If you suffered a loss in EndoChoice, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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