NEW YORK, April 8, 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 Central District of
California on behalf of those who
purchased shares of Quicksilver Inc. ("Quicksilver" or the
"Company") (NYSE:ZQK), during the period between June 6, 2014 and March 26,
2015 inclusive. (the "Class Period").
The Complaint alleges that throughout the Class Period,
Defendants made materially false and misleading statements
regarding the Company's internal controls and as a result the
Company's financial statements were materially false and misleading
at all relevant times.
According to the lawsuit, during the period between March 4, 2015 and March
27, 2015, the Company revealed that it would delay its first
quarter earnings report due to its audit committee investigation of
a "revenue cut-off issue;" that its internal control over financial
reporting were not effective as of October
31, 2014. Then on March 26,
2015 the Company announced that its Chief Executive Officer
Andy Mooney had left the Company, to
be replaced by the Company's President Pierre Agnes, and that its Chief Financial
Officer Richard Shields had also
left the Company.
Plaintiff seeks to recover damages on behalf of all shareholders
who purchased shares of Quicksilver during the Class Period
described above.
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
Quicksilver you have until June 2,
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
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SOURCE Bronstein, Gewirtz & Grossman, LLC