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If you purchased shares of Tower Group International, Ltd. (NASDAQ:TWGP), you have certain options and you should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Investigation Overview
August 9, 2013 (Shareholders Foundation) - An investigation on behalf of investors of Tower Group International, Ltd. (NASDAQ:TWGP) shares over potential securities laws violations by Tower Group International and certain of its directors and officers in connection certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Tower Group International, Ltd. (NASDAQ:TWGP) concerning whether a series of statements by Tower Group International regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Shares of Tower Group International, Ltd. (NASDAQ:TWGP) grew from $17.39 per share in March 2013 to $22.01 per share on August 1, 2013.
Then on August 7, 2013, Tower Group International postposed its second quarter release and conference call and on August 8, 2013, Tower Group International provided its guidance on its second quarter 2013 results.
Shares of Tower Group International dropped from $21.75 per share on August 7, 2013, to $16.25 per share on August 8, 2013.
