NEW YORK--(BUSINESS WIRE)--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Virtu Financial, Inc. ("Virtu" or "the Company") (NASDAQ: VIRT). Investors who purchased Virtu securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/virt.
The investigation concerns whether Virtu has violated federal securities laws.
On April 28, 2023, Virtu filed its quarterly report for the quarter ended March 31, 2023 with the U.S. Securities and Exchange Commission (“SEC”). In the quarterly report, Virtu stated that “the Company has been responding to requests for information from the U.S. Securities and Exchange Commission in connection with an investigation of aspects of the Company’s information access barriers. The Company is cooperating with this civil investigation and has engaged in settlement discussions in respect of the matter. In the absence of a settlement, the Company currently believes it may receive a Wells Notice from the SEC. The proposed action would be expected to allege violations of federal securities laws with respect to the Company’s information barriers policies and procedures for a specified time period in and around January 2018 to April 2019 and related statements made by the Company during such period.” On this news, Virtu’s stock price fell $1.13 per share, or 5.68%, to close at $18.77 per share on May 3, 2023.
If you are aware of any facts relating to this investigation or purchased Virtu shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/virt. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.