NexTech AR Solutions Corp. (NEXCF)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of NexTech AR Solutions Corp. (NEXCF)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of NexTech AR Solutions Corp. (“ NexTech” or the Company”) (OTCMKT: NEXCF). The investigation concerns whether NexTech and certain of its officers and/or directors have violated federal securities laws.
On February 10, 2020, Hindenburg Research published a report entitled “NexTech AR: Relentless Stock Promotion, Sketchy Related Party Transactions and a Vaporware Product—Price Target: $0,” alleging, among other things, that NexTech had “virtually no credible business prospects and appears to be focused almost entirely on promoting its stock and insider self-dealing.” On this news, NexTech’s stock price fell $0.36 per share, or 21.73%, to close at $1.29 per share on February 10, 2020.
If you are aware of any facts relating to this investigation, or purchased NexTech shares, you can learn more about the 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.