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 03:01
Today, Planview® establishes a firm foothold in Lean and Agile with its acquisition of LeanKit. The addition of LeanKit's "Enterprise Kanban for Engineers" solution advances Planview's work and resource management (WRM) vision of supporting all the...

at 03:00
Medallia, Inc. (www.medallia.com) today announced it has been appointed by leading insurer Zurich to expand the use of Medallia Experience Cloudtm across its UK insurance business. The insurer is now implementing Medallia Experience Cloud across...

at 03:00
Clearbridge BioMedics today announced that its ClearCell® FX1 System is now broadly available in EMEA and APAC regions to complement its direct availability in the US and existing distribution channels. This was made possible through partnerships...

at 03:00
just-style, publisher and apparel consulting firm, is excited to announce the open beta of a new apparel sourcing tool, re:source, which hopes to address the need for more accessible information on trade and tariff data.      (Logo:...

at 02:00
Russell Reynolds Associates, a leading global search and leadership advisory firm, today announced it has agreed to acquire London-based Zygos Partnership, one of the UK's preeminent board and CEO advisory firms. The combination of Russell Reynolds...

at 02:00
Pluralsight, the enterprise technology learning company, today announced plans to open a new EMEA headquarters in Dublin in early 2018. The Dublin office will house the company's strategic business operations for the region and support its growing...




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