SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mas Tec, Inc. -- MTZ

NEW YORK, March 18, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Mas Tec, Inc. ("Mas Tec" or the "Company") MTZ.  Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 237.

The investigation concerns whether Mas Tec and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. 

On March 18, 2015, Mas Tec announced that it will delay the filing of its Securities and Exchange Commission ("SEC") Form 10-K for the fiscal year ended December 31, 2014.

The Company reported in a statement that the "Audit Committee and its independent counsel are still conducting [its] previously disclosed independent internal investigation.  As a result, the Company will not be able to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2014 by today's extended deadline pursuant to Securities and Exchange Commission rules." 

On this news, shares of Mas Tec fell $1.88 per share to $17.82, or more than 9.54%, in intra-day trading on March 18, 2015.

The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-mas-tec-inc----mtz-300052903.html

SOURCE Pomerantz LLP