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Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Garrett Motion Inc. (GTX) Investigation

Tuesday, 22 September 2020 11:00 AM

Bronstein, Gewirtz and Grossman, LLC

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / September 22, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Garrett Motion Inc. ("Garrett" or "the Company") (NYSE:GTX). Investors who purchased Garrett securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/gtx.

The investigation concerns whether Garrett and certain of its officers and/or directors have violated federal securities laws.

On August 26, 2020, Garrett revealed that it "leveraged capital structure poses significant challenges to its overall strategic and financial flexibility and may impair its ability to gain or hold market share in the highly competitive automotive supply market, thereby putting Garrett at a meaningful disadvantage relative to its peers." Following this news, Garrett stock dropped $3.04 per share, or 44%, to close at $3.84 on August 26, 2020.

If you are aware of any facts relating to this investigation, or purchased Garrett shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/gtx. You can also contact 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.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Topic:
Lawsuits
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