NEW YORK, April 4, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Panasonic Corporation ("Panasonic" or the "Company") (NYSE: PC). The investigation focuses on whether the Company and its executives violated federal securities laws. On April 1, 2013, shares of Panasonic fell after the company announced it will delist it shares from the New York Stock Exchange. Also over the weekend, the Wall Street Journal reported a unit of Panasonic Corp is under investigation by U.S. authorities looking at whether the company paid bribes overseas to airline employees or government officials to help land business. The investigation relates to potential violations of the Foreign Corrupt Practices Act by the company's subsidiary, Panasonic Avionics. If you are aware of any facts relating to this investigation, or purchased shares of Panasonic, you can assist this investigation by contacting either Peretz Bronstein of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email email@example.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 212-697-6484 Peretz@bgandg.com SOURCE Bronstein, Gewirtz & Grossman, LLC
As part of yesterday's massive Tesla Motors price target hike, Morgan Stanley analyst Adam Jonas touched on the upcoming Gigafactory, which Tesla wants to house lithium-ion battery production. While no one knows what it will cost, it's likely to be incredibly expensive.