MGT Capital (MGT) Shares Hit; Attorneys Start Building Securities Fraud Cases

September 20, 2016 11:57 AM EDT

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MGT Capital Investments, Inc. (NYSE: MGT) is seeing the potential lawsuits start accumulating as the company announced receiving an SEC subpoena late last week.

Block & Leviton and Glancy Prongay & Murray LLP are two firms to issue press releases today.

Shares of MGT are down 28.7 percent for the session.

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