SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Embraer S.A. (ERJ)

USA Profile Username: jon@newsinnovations.com / edit profile SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Embraer S.A. (ERJ) PR Newswire NEW YORK, Aug. 4, 2016 NEW YORK, Aug. 4, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities Embraer S.A. ("Embraer" or the "Company") (NYSE: ERJ). Such investors are advised to contact Peretz Bronstein or his investor relations analyst, Yael Hurwitz at info@bgandg.com or 212-697-6484. The investigation concerns whether Embraer and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. In 2014, Brazilian authorities filed a criminal complaint against an Embraer sales consultant and eight former Ebraer executives and directors after a sales consultant admitted to paying bribes for Embraer, with the approval of Embraer's top management.  The charges were based on evidence provided by U.S. authorities, who had been investigating Embraer possible violations of the U.S. Foreign Corrupt Practices Act ("FCPA") since 2010.  In July 2016, Embraer stated that its Chief Executive Officer Frederico Curado would be stepping down.  Later, on July 29, 2016, Embraer filed its quarterly report, showing a loss of $99.4 million, after setting aside $200 million in connection with the U.S. FCPA probe. The Company also revealed that they had been talking with the U.S. Department of Justice to try and settle the investigation since May 2016.  Embraer also lowered its 2016 guidance for its executive jet business.  Following this news, Embraer stock dropped $2.99 per share, or 14.16%, to close at $18.12 on July 29, 2016. If you purchased Embraer shares or if you are aware of any facts relating to this investigation, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/erj. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email info@bgandg.com.  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number. 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 Web Site: http://www.bgandg.com Follow Us To change the settings for your profile(s) or email delivery, go to https://prnmedia.prnewswire.com/profile/?action=editProfile and select the profile you would like to edit. You can select the industries, subjects, languages, geographical areas, companies, delivery options and delivery frequencies of your choice. In addition to current press releases, you can also find archived news, corporate information, photos, tradeshow news and much more on the PR Newswire for Journalists website: https://prnmedia.prnewswire.com To contact us, email: mediasite@prnewswire.com Please do not reply to this email; this is an automatically generated message. Copyright © PR Newswire Association LLC. All Rights Reserved. A UBM plc company. Our mailing address is: 350 Hudson Street, Suite 300 New York, NY 10014-4504