SAN DIEGO--(BUSINESS WIRE)--Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by GT Advanced Technologies Inc. (NASDAQ: GTAT) and certain of its officers. GT Advanced Technologies Inc., a technology company, provides materials and equipment for the solar, light emitting diode (LED) and electronics industries worldwide.
On October 6, 2014, GT announced that it had filed for voluntary bankruptcy protection. On the news, GT stock was down over 90% in mid-morning trading. This bankruptcy filing and sharp drop in the stock price relates to the news that Apple would not use GT's sapphire material in the IPhone 6 screen.
Specifically, Johnson & Weaver’s investigation seeks to determine whether certain statements regarding the Company’s business and prospects were false and misleading when made.
If you are a GT shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (email@example.com) at 619-814-4471. If you email, please include your phone number.
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, Georgia and New York. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.