Glancy Prongay & Murray LLP Announces Investigation on Behalf of Rockwell Medical, Inc. Investors
LOS ANGELES--(BUSINESS WIRE)--Jul 24, 2018--Glancy Prongay & Murray LLP (“GPM”) announces that it has commenced an investigation on behalf of Rockwell Medical, Inc. (“Rockwell” or the “Company) (NASDAQ: RMTI ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On June 27, 2018, Rockwell announced the resignation of its auditor, who claimed among other things, that the estimated reserves in Rockwell’s Form 10-Q for the period ended March 31, 2018 were misstated and have not been corrected.
On this news, shares of Rockwell fell $0.85, or over 16%, to close at $4.41 on June 28, 2018, thereby damaging investors.
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If you purchased Rockwell 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 email@example.com, or visit our website at 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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180724005945/en/
CONTACT: Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Glancy Prongay & Murray LLP
Copyright Business Wire 2018.
PUB: 07/24/2018 04:05 PM/DISC: 07/24/2018 04:05 PM