|By PR Newswire||
|August 18, 2014 12:48 PM EDT||
NEW YORK, Aug. 18, 2014 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Fabrinet ("Fabrinet" or the "Company") (NYSE: FN -News). Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at [email protected] or 212-697-6484.
The investigation focuses on whether the Company and certain of its executives violated federal securities laws.
On August 18, 2014, Fabrinet announced that it will be postponing its fourth quarter and fiscal year 2014 earnings pending an internal investigation into its accounting practices relating to certain accounting issues. The Audit Committee is investigating whether there were any violations of the Company's accounting policies associated with these accounting matters.
On this news, shares of Fabrinet fell $3.19 or 17.97% during intraday trading to trade at $14.56 on August 18, 2014.
If you are aware of any facts relating to this investigation, or purchased shares of Fabrinet, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman 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, 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 Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC
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