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SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against MGT Capital Investments, Inc. (MGTI) and Lead Plaintiff Deadline: November 27, 2018
SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against MGT Capital Investments, Inc. (MGTI) and Lead Plaintiff Deadline: November 27, 2018.
About this update from Mgt Capital Investments, Inc.
[{"type":"text","content":"\n\n\n\nSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against MGT Capital Investments, Inc. (MGTI) and Lead Plaintiff Deadline: November 27, 2018\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against MGT Capital Investments, Inc. (MGTI) and Lead Plaintiff Deadline: November 27, 2018\nPR Newswire\nNEW YORK, Oct. 4, 2018\n\n\n\nNEW YORK, Oct. 4, 2018 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against MGT Capital Investments, Inc. (\"MGT\" or the \"Company\") (OTCMKT: MGTI) on behalf of shareholders who purchased or otherwise acquired MGT securities between October 9, 2015 and September 7, 2018, (the \"Class Period\").  Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/mgt. \n\n \n \n\n \nThis class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. \nThe Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) defendants were engaged in a pump-and-dump scheme to artificially inflate MGT Capital's stock price; (2) this illicit scheme caused MGT Capital to make false and misleading statements, which would result in governmental scrutiny, including from the SEC; (3) certain of the scheme defendants exercised control over MGT Capital and its management; (4) consequently, the illicit scheme would ultimately cause MGT Capital's stock to become delisted from NYSE MKT; and (5) as a result, defendants' statements about MGT Capital's business and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.\nA class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/mgt or you may contact P...