NEW YORK, May 20, 2019 (GLOBE NEWSWIRE) -- Attorney Advertising-- NEW YORK--(PR Newswire)--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Taronis Technologies, Inc. f/k/a MagneGas Applied Technology (“Taronis” or the “Company”) (NASDAQ: TRNX) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Taronis securities between January 28, 2019 and February 12, 2019, both dates inclusive. Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/trnx.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
According to the lawsuit, defendants throughout the Class Period allegedly made false and/or misleading statements and/or failed to disclose that: (1) Taronis did not have a contract with the City of San Diego; (2) Taronis and its management had engaged in a scheme to defraud; and (3) that as a result of the foregoing, Taronis’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/trnx or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Taronis you have until June 14, 2019 to request that the Court appoint you as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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