|By PR Newswire||
|July 30, 2014 11:45 AM EDT||
NEW YORK, July 30, 2014 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of DreamWorks Animation SKG Inc.("DreamWorks" or the "Company") (NasdaqGS: DWA). Such investors are advised to contact Edward N. Gewirtz or his investor relation's coordinator Eitan Kimelman at [email protected] or 212-697-6484.
The investigation focuses on whether the Company and certain of its executives violated federal securities laws.
On Tuesday July 29, 2014 the company disclosed that the U.S. Securities and Exchange Commission ("SEC") is looking into how the company wrote down its "Turbo" inventory. The company has struggled to recoup its costs on recent films such as "Turbo," a summer 2013 movie that led to a writedown.
On this news, shares of DreamWorks fell $3.10 or 13.66% during intraday trading to trade at 19.56 on July 30, 2014.
If you are aware of any facts relating to this investigation, or purchased shares of DreamWorks you can assist this investigation by contacting Edward N. Gewirtz or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. 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.
Bronstein, Gewirtz & Grossman, LLC
Edward N. Gewirtz or Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC
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