Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Diebold Nixdorf, Incorporated (DBD)
NEW YORK, NY / ACCESSWIRE / June 20, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Diebold Nixdorf, Incorporated ("Diebold Nixdorf" or the "Company") (DBD). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/dbd.
The investigation concerns whether Diebold Nixdorf and certain of its officers and/or directors have violated federal securities laws.
On July 5, 2017, Diebold Nixdorf disclosed that the Company expected a wider net loss than indicated in its prior guidance for fiscal 2017, from a range of $50 to $75 million to a range of $110 to $125 million net loss. The Company attributed the lowered expectations to a delay in systems rollouts as well as a longer customer decision-making process and order-to-revenue conversion cycle. Following this news, Diebold Nixdorf's stock price fell $6.28 per share, or nearly 23%, to close at $21.20 per share on July 5, 2017.
If you are aware of any facts relating to this investigation, or purchased Diebold Nixdorf shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/dbd. 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
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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