12.05.2017 18:26:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of DXP Enterprises, Inc. (DXPE)
NEW YORK, May 12, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/dxpe.
The investigation concerns whether DXP and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On May 11, 2017, DXP revealed that it would delay its Quarterly Report on Form 10-Q for the three months ended March 31, 2017. DXP stated that the postponement is due to the resignation of its director of tax at the end of 2016, and the resignation of DXP's manager of public reporting in March of 2017. Following this news, DXP stock dropped $1.00 per share, or 2.81%, to close at $34.49 on May 11, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of DXP, you can assist this investigation by visiting the firm's site: www.bgandg.com/dxpe. 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.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-dxp-enterprises-inc-dxpe-300456877.html
SOURCE Bronstein, Gewirtz & Grossman, LLC
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