Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Renault SA (RNLSY)
12/07/2018 | 10:01am EST
NEW YORK, Dec. 07, 2018 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Renault SA (“Renault” or the “Company”) (OTCMKT: RNLSY). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: gandg.com/rnlsy.
The investigation concerns whether Renault and certain of its officers and/or directors have violated federal securities laws.
On November 19, 2018, The Wall Street Journal published a report stating that Renault’s Chief Executive Officer and Nissan’s Chairman, Carlos Ghosn, were arrested on financial charges. The article continues to state that Nissan planned to remove Ghosn from his position after discovering significant misconduct. Renault holds a 43% stake in Nissan. Following this news, Renault’s stock dropped $1.04 per share or roughly 7% to close at $13.67 on November 19, 2018.
If you are aware of any facts relating to this investigation, or purchased Renault shares, you can assist this investigation by visiting the firm’s site: gandg.com/rnlsy. 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.