NEW YORK, NY / ACCESSWIRE / March 8, 2017 / The Pawar Law Group announces that it is investigating potential securities claims on behalf of shareholders of The Interpublic Group of Companies, Inc. (NYSE: IPG) resulting from allegations that the Company may have issued materially misleading business information to the investing public.
On December 6, 2016, The Wall Street Journal reported that the U.S. Department of Justice ("DOJ") was investigating possible price-fixing in video-advertising production, naming Interpublic Group as a possible "subject of the government's inquiry." On this news, shares of Interpublic Group fell $0.73 per share, or 3%, to close at $23.27 per share on December 6, 2016. Then, on December 16, 2016, The Wall Street Journal reported that Interpublic Group had acknowledged that it had been contacted by the DOJ's antitrust division seeking documents related to video production practices.
Our investigation concerns whether the Company issued false and misleading statements to investors, causing investor losses. If you own Interpublic Group shares and wish to learn how to protect your investment and recover your losses in Interpublic Group stock, please visit http://pawarlawgroup.com/cases/interpublic/, or contact Vik Pawar at 212-571-0805.
Contact:
Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (212) 571-0805
Fax: (212) 571-0938
vik@pawarlawgroup.com
SOURCE: Pawar Law Group
ReleaseID: 456817
