NEW YORK, Sept. 20, 2016 /PRNewswire/ -- Bronstein,
Gewirtz & Grossman, LLC is investigating potential claims on
behalf of purchasers of the securities of MGT Capital Investments,
Inc. ("MGT" or the "Company) (NYSE: MGT). Such investors are
advised to contact Peretz Bronstein
or his investor relations analyst Yael
Hurwitz at info@bgandg.com or 212-697-6484.
The investigation concerns whether MGT and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
On September 19, 2016, pre-market,
MGT announced that on September 15,
2016, it received a subpoena from the Securities and
Exchange Commission ("SEC"). The Company stated that it does not
believe it will be the subject of any enforcement proceedings and
is fully cooperating with the SEC's requests. Then on September 20, 2016, MGT announced that the NYSE
would not approve the listing of 43.8 million shares. Following
this news, MGT stock has dropped as much as $0.31, or 9.51%, to $2.95 during intraday trading on September 19, 2016.
If you are aware of any facts relating to this investigation, or
purchased shares of MGT, you can assist this investigation by
visiting the firm's site: http://www.bgandg.com/mgt. You can also
contact Peretz Bronstein or his
Investor Relations Analyst, Yael
Hurwitz of Bronstein, Gewirtz & Grossman, LLC:
212-697-6484 or via email info@bgandg.com. Those who inquire
by e-mail are encouraged to include their mailing address, email
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. 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
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SOURCE Bronstein, Gewirtz & Grossman, LLC