NEW YORK, NY / ACCESSWIRE / June 1, 2018 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Rockwell Medical, Inc.("Rockwell" or the "Company") (NASDAQ: RMTI). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/rmti.
The investigation concerns whether Rockwellandcertain of its officers and/or directors have violated federal securities laws.
On May 22, 2018, Rockwell revealed that Robert Chioini, President and Chief Executive Officer of the Company, had been terminated effective immediately. The next day, May 23, 2018, a letter was published on behalf of Mr. Chioni explaining to shareholders that he on May 22, 2018 he called an emergency Board to discuss a shareholder demand letter which alleged breaches of fiduciary duties and other possible violations of securities and other laws by various Rockwell directors, and that those directors whose conduct was the subject of the alleged breaches of fiduciary duties asserted that they voted to fire Mr. Chioini. The letter continued to state that Mr. Chioini "continues to serve as the CEO consistent with the terms of his employment agreement." As of May 24, 2018, Rockwell shares have been halted from trading.
If you are aware of any facts relating to this investigation, or purchased Rockwell shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/rmti.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
