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Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Palantir Technologies Inc. (PLTR) Investigation

Monday, 30 August 2021 11:00 AM

Bronstein, Gewirtz and Grossman, LLC

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / August 30, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Palantir Technologies Inc. ("Palantir" or the "Company")(NYSE:PLTR). Investors who purchased Palantir sharesare encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/pltr.

Bronstein, Gewirtz and Grossman, LLC, Monday, August 30, 2021, Press release picture

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

On August 25, 2021, the New York Post published an article entitled "FBI Palantir glitch allowed unauthorized access to private data". The article reported, in relevant part, that "[a] computer glitch in a secretive software program used by the FBI allowed some unauthorized employees to access private data for more than a year", as "detailed in a letter by prosecutors in the Manhattan federal court case against accused hacker Virgil Griffith." According to the article, "[d]ata recovered from Griffith's Facebook and Twitter accounts, which was obtained through a federal search warrant in March 2020, was accessed on Palantir for more than a year by at least four FBI employees, all of whom work outside New York and were not investigating the case." On this news, Palantir's stock price fell $0.75 per share, or 2.98%, to close at $24.35 per share on August 25, 2021.

If you are aware of any facts relating to this investigation, or purchased Palantir shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/pltr. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson 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 Nathanson
212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Topic:
Lawsuits
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