EPAM Systems, Inc. (EPAM)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of EPAM Systems, Inc. (“EPAM” or the “Company”) (NYSE: EPAM). Investors who purchased EPAM securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether EPAM has violated federal securities laws.
On June 5, 2023, just one month after issuing guidance during its first quarter earnings call on May 5, 2023, EPAM lowered its expectations for the second quarter and the full year, claiming that the demand for IT consulting appeared to have dried up. On this news, EPAM’s stock price fell $56.40 per share, or 21.72%, to close at $203.25 per share on June 5, 2023.
If you are aware of any facts relating to this investigation or purchased EPAM shares, you can assist this investigation. 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.