BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of GT Advanced Technologies Inc. (“GT Advanced” or the “Company”) (NASDAQ:GTAT) concerning possible violations of federal securities laws. The investigation is focused on certain statements issued by GT Advanced concerning the Company’s operations and financial prospects. Investors who have losses of $1 million or more are encouraged to contact the firm for more information.
GT Advanced provides materials and equipment for the solar, light emitting diode and electronics industries worldwide. The Company’s sapphire glass technology is utilized for smartphones and other optical and electronics applications. The investigation is related to the Company’s October 6, 2014, filing for Chapter 11 bankruptcy protection, which caused the stock to drop more than 90% on heavy trading volume.
If you purchased GT Advanced shares prior to October 6, 2014, and suffered losses of $1,000,000 or more, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.