RVLT, GE & ASTE Bronstein, Gewirtz & Grossman, LLC Class Action Reminder
NEW YORK, NY / ACCESSWIRE / March 4, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can 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.
Revolution Lighting Technologies, Inc. (RVLT)
Class Period: March 14, 2014, - November 14, 2018
Lead Plaintiff Deadline: April 1, 2019
For more info: www.bgandg.com/rvlt
The Complaint alleges that Defendants made materially false and misleading statements and/or failed to disclose that: (1) that the Company was improperly recognizing revenue for certain transactions; (2) that, as a result, the Company's financial statements were misstated; (3) that the Company lacked adequate internal controls over financial reporting; (4) that, as a result, Company would be subject to regulatory scrutiny and incur substantial costs; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
General Electric Company (GE)
Class Period: December 27, 2017- October 29, 2018
Lead Plaintiff Deadline: April 2, 2019
For more info: www.bgandg.com/ge
The Complaint alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse facts relating to the U.S. Securities and Exchange Commission's (the "SEC") expanded investigation into the Company's accounting practices, including investigating GE's $23 billion goodwill impairment charge (the "Power Charge"). GE announced the Power Charge on October 1, 2018, and the SEC investigation began shortly after.
Astec Industries, Inc. (ASTE)
Class Period: July 26, 2016 - October 22, 2018
Lead Plaintiff Deadline: April 2, 2019
For more info: www.bgandg.com/aste
The Complaint alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding Astec's business, operations and prospects, including that its wood pellet plants suffered from significant and costly problems that prevented them from running at their promised production capacity, posing a threat to the Company's pellet plant business, its overall financial performance, and its financial outlook.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
View source version on accesswire.com:
https://www.accesswire.com/537720/RVLT-GE-ASTE-Bronstein-Gewirtz-Grossman-LLC-Class-Action-Reminder
