SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Global Eagle Entertainment Inc. (ENT)
NEW YORK, Feb. 21, 2017 /PRNewswire/ — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Global Eagle Entertainment Inc. («Global Eagle» or the «Company») (NASDAQ: ENT). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/ent.
The investigation concerns whether Global Eagle and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On February 21, 2017, Global Eagle revealed that its CEO Dave Davis, and CFO Tom Severson, had both resigned effective immediately. Global Eagle also said that it would not be able to file 2016 annual report on time, and would need to withdraw its guidance for its 2016 financial performance. Following this news, Global Eagle has dropped over 29% per share during intraday trading on February 21, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Global Eagle, you can assist this investigation by visiting the firm’s site: www.bgandg.com/ent. 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 protected]
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SOURCE Bronstein, Gewirtz & Grossman, LLC