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Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of NRG Yield, Inc. (NYLD)

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NEW YORK, April 21, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of NRG Yield, Inc. ("NRG" or the "Company") (NYSE: NYLD). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at info@bgandg.com or 212-697-6484.

This investigation concerns whether NRG and certain of its officers and/or directors have violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the "Exchange Act"). 

On June 29, 2015, NRG sold roughly 28.2 million shares at $22.00 per share in its Class C Common Stock Offering (the "Offering"), that raised $600 million in new capital. On August 4, 2015 NRG presented its Q2 2015 earnings, revealing material facts and trends about that quarter's "historically low wind speeds", including that the "resulting poor wind production would have a significant adverse impact on NRG's performance and results for the second quarter of 2015." Following these reports, NRG's stock dropped 33.14% since the Offering to close at $14.71 on April 20, 2016.

If you are aware of any facts relating to this investigation, or purchased shares of NRG, you can assist this investigation by visiting the firm's website: http://www.bgandg.com/#!nrg/irxk8. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com.  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-nrg-yield-inc-nyld-300255414.html

SOURCE Bronstein, Gewirtz & Grossman, LLC

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