NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CI&T Inc. (“CI&T” or “the Company”) (NYSE: CINT). Investors who purchased CI&T securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/CINT.
Investigation Details:
On March 7, 2024, CI&T issued a press release stating that the Company had “identified certain non-cash accounting errors related to deferred income accounting for tax-deductible goodwill, as required under IFRS – International Financial Reporting Standard (‘IFRS’).” Accordingly, CI&T advised that “(i) the Company’s audited consolidated financial statements as of and for the year ended December 31, 2022, included in its annual report on Form 20-F for the year ended December 31, 2022 filed with the United States Securities and Exchange Commission (‘SEC’) on March 28, 2023, and (ii) the Company’s unaudited condensed consolidated interim financial statements as of and for the periods ended March 31, 2023, June 30, 2023 and September 30, 2023, each previously furnished to the SEC on a current report on Form 6-K, should no longer be relied upon[.]” Following this news, CI&T’s stock price fell $0.44 per share, or 9.89%, to close at $4.01 per share on March 7, 2024.
What’s Next?
If you are aware of any facts relating to this investigation or purchased CI&T securities, you can assist this investigation by visiting the firm’s site: bgandg.com/CINT. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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