Le Lézard
Classified in: Business
Subject: ATY

Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action against MasTec, Inc. and Lead Plaintiff Deadline of July 6, 2015



NEW YORK, July 2, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a securities class action has been filed in the United States District Court for the Southern District of Florida on behalf of those who purchased shares of MasTec, Inc. ("MasTec" or the "Company") (NYSE: MTZ), during the period between August 12, 2014 and March 17, 2015 inclusive. (the "Class Period").

The Lawsuit alleges that throughout the Class Period, defendants made materially false and misleading statements regarding the Company's financial performance. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) certain cost to complete estimates, currently believed to be in the range of zero to $13 million, which were recognized during the company's third quarter of 2014, should have been recognized during the second quarter of 2014; (ii) MasTec's internal control over financial reporting was ineffective; and (iii) as a result of the foregoing, MasTec's public statements were materially false and misleading at all relevant times. 

No Class has yet been certified in the above action. If you wish to review a copy of the Complaint, to discuss this action, or have any questions, please contact Peretz Bronstein, Esq. or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.  If you suffered a loss in MasTec you have until July 6, 2015 to 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.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
info@bgandg.com

 

SOURCE Bronstein, Gewirtz & Grossman, LLC


These press releases may also interest you

at 14:24
Advance Auto Parts, Inc. (AAP) Lifshitz & Miller announces an investigation into possible breaches of fiduciary duties by the board in connection with the August 15, 2017 announcement reducing its financial and operational guidance for fiscal 2017....

at 14:24
Callidus Software Inc. (CALD) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties by the board in connection with Callidus' proposed sale to SAP SE for $36 per share. If you are a Callidus investor, and would like...

at 14:16
Lynette Gray is recognized by Continental Who's Who as a Pinnacle Lifetime Member in the field of Education and Workforce Services.                  Ms. Gray's professional title is Associate Director at San José Evergreen Community College...

at 14:11
The Government of Canada is committed to the safe management of the Giant Mine site, in order to protect the health and safety of local residents and the environment.  The Honourable Carolyn Bennett,  Minister of Crown-Indigenous Relations and...

at 14:07
An issue faced by many countries is the need for clean, efficient sources of energy to power their homes, schools, hospitals and businesses. With reliable energy sources comes an improved, more consistent quality of life. That's why engineers in...

at 14:06
The Bandera County Board of Realtors (BCBOR)® is proud to announce Dan Hatfield of Farmers National Company as the 2017 Texas REALTOR® of the Year. Hatfield was honored by the Texas Association of REALTORS® at the statewide association's annual...




News published on 2 july 2015 at 10:00 and distributed by: