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Bronstein, Gewirtz & Grossman, LLC Announces Investigation Against Altria Group, Inc. (MO)

NEW YORK, NY / ACCESSWIRE / September 27, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Altria Group, Inc. ("Altria" or the "Company") (NYSE:MO). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/mo.

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

On September 24, 2019, post-market, the Financial Times reported that Philip Morris International Inc. had called off talks of a $200 billion merger with Altria likely due to increasing public and governmental scrutiny of vaping and Altria's 35% stake in industry-leading Juul Labs, Inc. ("Juul"). That same day, Juul was announced as the target of another federal investigation. Then, on September 25, 2019, media outlets reported the resignation of Juul's Chief Executive Officer and that Juul would stop all U.S. advertising.

If you are aware of any facts relating to this investigation, or purchased Altria shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/mo. 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 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 561268

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