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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Pattern Energy Group, Inc. (PEGI)

PR Newswire

NEW YORK, Nov. 8, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities Pattern Energy Group, Inc. ("Pattern" or the "Company") (NASDAQ: PEGI). Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at info@bgandg.com or 212-697-6484.  

The investigation concerns whether Pattern and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On November 7, 2016, Pattern reported its 2016 third quarter financial and operating results and revealed a material weakness in internal controls over financial reporting.  The Company said that its internal controls were "not effective as of September 30, 2016, due to the aggregation of internal control deficiencies related to the implementation, design, maintenance and operating effectiveness of various transaction, process level, and monitoring controls."  Following this news, Pattern stock dropped $0.76 per share, or 3.52%, to close at $20.86 on November 7, 2016.

If you are aware of any facts relating to this investigation, or purchased Pattern shares, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/pegi.  You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email info@bgandg.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 or Yael Hurwitz
212-697-6484 | info@bgandg.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-pattern-energy-group-inc-pegi-300359311.html

SOURCE Bronstein, Gewirtz & Grossman, LLC



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