Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Acorn Energy, Inc.

 Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Acorn Energy,
                                     Inc.

PR Newswire

NEW YORK, Oct. 8, 2013

NEW YORK, Oct. 8, 2013 /PRNewswire/ -- Attorney Advertising --Bronstein,
Gewirtz & Grossman, LLC is investigating potential claims on behalf of
purchasers of the securities of Acorn Energy, Inc. ("Acorn" or the "Company")
(NasdaqGM: ACFN -News). Such investors are advised to contact Peretz
Bronstein or his Investor Relations Coordinator Eitan Kimelman at
info@bgandg.com or 212-697-6484.

The investigation concerns whether Acorn and certain of its officers and/or
directors have violated Sections 10(b) and 20(a) of the Securities Exchange
Act of 1934. On October 7, 2013, shares of Acorn fell $1.53 or over 30% to
close at $3.41 after the company disclosed in a regulatory filing that, on
October 3, 2013, its Audit Committee determined that the Company will record
an impairment charge as a result of write-downs of goodwill and/or other
intangibles, and will record a restructuring charge, with respect to its
OmniMetrix subsidiary.The Company further disclosed that the impairment and
restructuring charges with respect to OmniMetrix would likely have a material
impact on the Company's results of operations for the third quarter of 2013.

If you are aware of any facts relating to this investigation, or purchased
shares of Acorn, you can assist this investigation by contacting Peretz
Bronstein or his Investor Relations Coordinator Eitan Kimelman 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 Eitan Kimelman 212-697-6484
info@bgandg.com



SOURCE Bronstein, Gewirtz & Grossman, LLC
 
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