NEW YORK, Aug. 8, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Blount International, Inc. ("Blount International" or the "Company") (NYSE: BLT). The investigation focuses on whether the Company and its executives violated federal securities laws.
On August 7, 2013, shares of Blount International fell $1.13 or 8.84% to close at $11.66 after the Company announced that it would need to amend its 2012 10-K and first quarter 2013 10-Q to reflect material weaknesses in Blount International's internal controls over financial reporting. As a result, Blount International would not be able to timely file its second quarter 10-Q for 2013, and it may need to restate its 2012 financial statements to reflect an impairment of goodwill.
If you are aware of any facts relating to this investigation, or purchased shares of Blount you can assist this investigation by contacting either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email firstname.lastname@example.org . Those who inquire by e-mail are encouraged to include their mailing address 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 email@example.com SOURCE Bronstein, Gewirtz & Grossman, LLC