27.07.2017 22:34:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Halliburton Company (HAL)
NEW YORK, July 27, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Halliburton Company ("Halliburton" or the "Company") (NYSE: HAL). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hal.
The investigation concerns whether Halliburton and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On October 21, 2011, Halliburton revealed that it had begun an internal investigation into possible violations of the Foreign Corrupt Practices Act ("FCPA") by Halliburton personnel in Angola. Following this news, Halliburton stock dropped $0.97 per share, or 2.1%, to close at $33.50 on October 21, 2011. Then on July 27, 2017, the U.S. Securities and Exchange Commission revealed that Halliburton would pay $29.2 million in fines and penalties to settle allegations of FCPA violations in connection with its Angolan operations. Following this news, Halliburton stock has dropped as much as $0.54 per share, or 1.22%, during intraday trading on July 27, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Halliburton, you can assist this investigation by visiting the firm's site: www.bgandg.com/hal. 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.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC
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