Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Investigates Claims on behalf of shareholders of China XD Plastics Company Ltd. - WALB.com, Albany News, Weather, Sports

Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Investigates Claims on behalf of shareholders of China XD Plastics Company Ltd.

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SOURCE Bronstein, Gewirtz & Grossman, LLC

NEW YORK, July 11, 2014 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of China XD Plastic Company Ltd. ("China XD " or the "Company") (NasdaqGM: CXDC).  The investigation focuses on whether the Company and its executives violated federal securities laws.

On July 10, 2014, a report posted on the website seekingalpha.com by Bleecker Street Research alleged that China XD Plastics had filed reports with regulators in China that showed materially smaller amounts of revenue and net income for fiscal years 2010 through 2012, than its SEC filings.  The report also questioned the company's margins relative to its competitors

On this news, shares of China XD fell $1.17 or 15.29% per share to close at $6.48 on July 10, 2014.

If you are aware of any facts relating to this investigation, or purchased shares of China XD, you can assist this investigation by contacting either Edward N. Gewirtz or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address 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
Edward N. Gewirtz or Eitan Kimelman 212-697-6484
info@bgandg.com

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