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Bronstein, Gewirtz & Grossman, LLC Announces Investigation of MagicJack VocalTec LTD.
By: PR Newswire
Jan. 14, 2013 08:31 AM
NEW YORK, Jan. 14, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of MagicJack VocalTec LTD. ("MagicJack" or the "Company") (NASDAQGM: CALL -News). The investigation focuses on whether the Company and its executives violated federal securities laws.
On Wednesday, January 9, 2013, shares of MagicJack fell more than 10% after research group Copperfield Research alleged that the tech company misrepresented facts on financial statements. Copperfield Research published a report on MagicJack alleging that it has been overstating its revenue and profitability in its SEC filings.
If you are aware of any facts relating to this investigation, or purchased shares of MagicJack, you can assist this investigation by contacting either Peretz Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email firstname.lastname@example.org. Those who inquire by e-mail are encouraged to include their mailing address 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.
SOURCE Bronstein, Gewirtz & Grossman, LLC
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