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03.04.2018 16:10:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Under Armour, Inc. (UA, UAA)
NEW YORK, April 3, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Under Armour, Inc. ("Under Armour" or the "Company") (NYSE: UA, UAA). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/uaa.
The investigation concerns whether Under Armour and certain of its officers and/or directors have violated federal securities laws.
On March 29, 2018, post-market, Under Armour announced that a data breach had affected an estimated 150 million users of MyFitnessPal, the Company's food and nutrition application, compromising user data including usernames, email addresses, and hashed passwords. Following this announcement, Under Armour's Class A share price fell $0.25, or 1.53%, to close at $16.10 on April 2, 2018, while Under Armour's Class C share price fell $0.36, or 2.51%, to close at $13.99 on April 2, 2018.
If you are aware of any facts relating to this investigation, or purchased Under Armour shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/uaa. 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
View original content with multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-under-armour-inc-ua-uaa-300623353.html
SOURCE Bronstein, Gewirtz & Grossman, LLC
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