SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of NCR Corporation

NEW YORK, June 29, 2015 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities NCR Corporation ("NCR" or the "Company") (NYSE: NCR -News).  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 concerns whether NCR and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On April 24, 2015, SeekingAlpha published an article reporting that NCR shows "numerous signs of aggressive accounting" and that "NCR's pension folly has resulted in complicated accounting and failed objectives" among other potential business issues. 

Following this news, shares of NCR fell $1.01 or over 3.3% to close at $28.99 on April 24, 2015. 

On June 24, 2014, after the close of trading, it was reported that the company's "opaque and aggressive" accounting issues were deterring potential bidders and that "[t]here is not enough financial information to make a binding bid." 

Following this news, NCR's stock fell $1.72 or 5.2% to close at $31.30 on June 25, 2015.

If you are aware of any facts relating to this investigation, or purchased shares of NCR, 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

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-ncr-corporation-300106011.html

SOURCE Bronstein, Gewirtz & Grossman, LLC

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