Blucora, Inc. (BCOR)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Blucora, Inc. (BCOR)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Blucora, Inc. (“Blucora” or the Company”) (NYSE: BCOR). The investigation concerns whether Blucora and certain of its officers and/or directors have violated federal securities laws.
On January 16, 2020, Blucora announced that its President and Chief Executive Officer (“CEO”), John Clendening, “has departed his roles as executive and member of the Board of Directors” and that Blucora “anticipates announcing a new CEO by the end of January 2020.” Blucora stated that Clendening’s “departure results from differences in views on the scope of Mr. Clendening’s authority as CEO.” On this news, Blucora’s stock price fell sharply during intraday trading on January 16, 2020.
If you are aware of any facts relating to this investigation, or purchased Blucora shares, you can assist this investigation by contacting 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.