Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture 
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown 
SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand 
China Food Delivery Stocks Dip as Regulators Crack Down on “Ghost Deliveries” 
Elon Musk Faces French Probe Over X and Grok Amid Rising U.S.-EU Tensions 
Polymarket Seeks $400M Funding Round, Targets $15B Valuation Amid Prediction Market Boom 
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows 
Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO 
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident 
Nidec Stock Rises After Accounting Probe Report Eases Delisting Concerns 
John Ternus Signals Apple’s Future with Product-First AI Strategy 
Tesla Q1 Earnings Preview: Robotaxi Delays and SpaceX Merger Speculation Grow 
Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO 
Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus 
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook 
 & Lead Plaintiff Deadline - March 13, 2017 - EconoTimes)
NEW YORK, March 09, 2017 -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Fenix Parts, Inc. (“Fenix” or the “Company”) (Nasdaq:FENX) and certain of its officers, and is on behalf of a class consisting of all persons or entities who purchased Fenix securities between May 14, 2015 and October 12, 2016, both dates inclusive (the “Class Period”). Such investors are advised to join this case by visiting the firm’s site: http://www.bgandg.com/fenx.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).
The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Fenix had an insufficient inventory valuation methodology; (2) Fenix had an incompetent methodology to calculate goodwill impairment; (3) Fenix was involved and/or had been involved in conduct that would result in an SEC investigation; and (4) consequently, Defendants’ statements about Fenix’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: http://www.bgandg.com/fenx or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Fenix you have until March 13, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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 | [email protected]
