Glancy Prongay & Murray LLP Commences Investigation on Behalf of MGT Capital Investments, Inc. Investors

Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of MGT Capital Investments, Inc. (“MGT” or the “Company”) (NYSE MKT:MGT) concerning the Company and its officers’ possible violations of federal securities laws.

MGT purports to produce and sell a variety of cyber security technologies, including protection for mobile and personal tech devices. On September 19, 2016, the Company announced it had received a subpoena from the Securities Exchange Commission, and that the Company is fully complying with the SEC’s request.

On this news, MGT shares closed down over 22% per share on September 19, 2016.

Then on September 20, 2016, the Company announced that the NYSE would not approve the listing of 43.8 million shares. And, on this news shares of MGT fell over 20% in intraday trading.

If you purchased MGT securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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