SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Xerox Corporation (XRX)
NEW YORK, Feb. 15, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Xerox Corporation ("Xerox" or the "Company") (NYSE: XRX). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/xrx.
The investigation concerns whether Xerox and certain of its officers and/or directors have violated Sections federal securities laws.
On February 13, 2018, media outlets reported that Xerox's third-largest shareholder, Darwin Deason, had filed a lawsuit in New York state court, seeking to enjoin Xerox from completing a merger with Fujifilm Holding Corporation ("Fujifilm"). Deason's lawsuit alleges fraud, claiming that Xerox concealed from its investors the fact that the deal with Fujifilm includes a "crown jewel lock-up right that allows Fuji to control Xerox's intellectual property and manufacturing rights in the $36 billion Asia-Pacific market in the event Xerox were to sell to another suitor." On this news, Xerox's share price fell $0.78, or 2.6%, to close at $29.17 on February 13, 2018.
If you are aware of any facts relating to this investigation, or purchased shares of Xerox, you can assist this investigation by visiting the firm's site: www.bgandg.com/xrx. 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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