{"id":430736,"date":"2021-02-08T10:03:30","date_gmt":"2021-02-08T15:03:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=430736"},"modified":"2021-02-08T10:03:30","modified_gmt":"2021-02-08T15:03:30","slug":"smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\/","title":{"rendered":"SMICY Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Semiconductor Manufacturing International Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 8, 2021"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Feb.  08, 2021  (GLOBE NEWSWIRE) &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Semiconductor Manufacturing International Corporation\u00a0(&#8220;Semiconductor&#8221; or &#8220;the Company&#8221;) (OTC: SMICY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Semiconductor securities between\u00a0April 23, 2020 and September 26, 2020,\u00a0both dates inclusive (the &#8220;Class Period&#8221;).\u00a0 Such investors are encouraged to join this case by visiting the firm\u2019s site: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tg7KhNiP5Kvw1dwCg3dbD-6jIHVUiiqz_gKIVLQK4ofg6sP4eJeH6R7wDZbqxYyHqUDJWgfm8zl_7r3aJSnpT3bVR4mjV-W3JGgEDEDjR-U=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.bgandg.com\/smicy<\/a>.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/p>\n<p>This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.<\/p>\n<p>The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(1) there was an &#8220;unacceptable risk&#8221; that equipment supplied to SMIC would be used for military purposes; (2) SMIC was foreseeably at risk of facing U.S. restrictions; (3) as a result of restrictions by the U.S. Department of Commerce, certain of SMIC\u2019s suppliers would need &#8220;difficult-to-obtain&#8221; individual export licenses; and (4) as a result, defendants\u2019 public statements were materially false and\/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p>A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tg7KhNiP5Kvw1dwCg3dbD9KzKQPmfVtjWA1kMgE0yhj5x2zK3Yz-pKO-IrDF6bz0HEbxxMrkZSqE36_Gd7LZM9N-5yLCnO84aSOLoUBVK-g=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.bgandg.com\/smicy<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz &amp; Grossman, LLC at 212-697-6484. If you suffered a loss in Semiconductor you have until February 8, 2021 to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>Bronstein, Gewirtz &amp; Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Contact:<br \/>Bronstein, Gewirtz &amp; Grossman, LLC<br \/>Peretz Bronstein or Yael Hurwitz <br \/>212-697-6484 | <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MxXf-gV6dYmITtCWji8ylG2gYlv3LEA0KSa2W5VJVZilVgfpVglllTuhoyWl5zDPKnrkJiUrPnPFlzrq2UZIpw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@bgandg.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NDI2NyMzOTUyNDMxIzIwMTc2OTA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/53297daa-e70a-4fbc-98b5-e30aae2dfe7c\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Semiconductor Manufacturing International Corporation\u00a0(&#8220;Semiconductor&#8221; or &#8220;the Company&#8221;) (OTC: SMICY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Semiconductor securities between\u00a0April 23, 2020 and September 26, 2020,\u00a0both dates inclusive (the &#8220;Class Period&#8221;).\u00a0 Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/smicy.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SMICY Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Semiconductor Manufacturing International Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 8, 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-430736","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SMICY Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Semiconductor Manufacturing International Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 8, 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SMICY Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Semiconductor Manufacturing International Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 8, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Semiconductor Manufacturing International Corporation\u00a0(&#8220;Semiconductor&#8221; or &#8220;the Company&#8221;) (OTC: SMICY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Semiconductor securities between\u00a0April 23, 2020 and September 26, 2020,\u00a0both dates inclusive (the &#8220;Class Period&#8221;).\u00a0 Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/smicy.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading &hellip; Continue reading &quot;SMICY Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Semiconductor Manufacturing International Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 8, 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-08T15:03:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NDI2NyMzOTUyNDMxIzIwMTc2OTA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SMICY Investor Alert: Bronstein, Gewirtz &amp; 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or &#8220;the Company&#8221;) (OTC: SMICY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Semiconductor securities between\u00a0April 23, 2020 and September 26, 2020,\u00a0both dates inclusive (the &#8220;Class Period&#8221;).\u00a0 Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/smicy.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading &hellip; Continue reading \"SMICY Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Semiconductor Manufacturing International Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 8, 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-08T15:03:30+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NDI2NyMzOTUyNDMxIzIwMTc2OTA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smicy-investor-alert-bronstein-gewirtz-grossman-llc-notifies-semiconductor-manufacturing-international-corporation-shareholders-of-class-action-and-lead-plaintiff-deadline-february-8-2021-4\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SMICY Investor Alert: Bronstein, Gewirtz &amp; 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