Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Cobalt International Energy Inc.

NEW YORK, Aug. 6, 2014 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Cobalt International Energy Inc. ("Cobalt International" or the "Company") (NYSE: CIE).  Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at info@bgandg.com or 212-697-6484.

The investigation focuses on whether the Company and certain of its executives violated federal securities laws.

On August 5, 2014, Cobalt received a Wells Notice from the U.S. Securities and Exchange Commission.  The Company revealed that the U.S. Securities & Exchange Commission intends to charge the Company with violations of certain securities law after a three year investigation into alleged corruption in its Angola operations.

On this news, shares of Cobalt fell $1.75 or 10.96% to close at $14.22 on August 5, 2014.

If you are aware of any facts relating to this investigation, or purchased shares of Cobalt International Energy Inc., you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com.  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.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
info@bgandg.com

 

 

SOURCE Bronstein, Gewirtz & Grossman, LLC

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