NEW YORK, April 6, 2015 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities law firm, notifies
investors in Quiksilver, Inc. ("Quiksilver" or the "Company")
(NYSE: ZQK) of the June 1, 2015
deadline to seek the role of lead plaintiff in a federal securities
class action lawsuit filed against Quiksilver and certain
executives.
A complaint has been filed in the Central District of
California on behalf of all
persons who purchased Quiksilver common stock from June 6, 2014 through March
26, 2015 (the "Class Period").
The complaint alleges that the Company and its executives
violated federal securities laws with respect to its disclosures
concerning its business, operations, and prospects.
Specifically, the action alleges that during the Class Period,
the Company made false and/or misleading statements and/or failed
to disclose that the Company lacked adequate internal controls over
financial reporting and because of this the Company's financial
statements were materially false and misleading at all relevant
times.
On March 26, 2015, the Company
announced that its Chief Executive Officer and Chief Financial
Officer had left the Company. The Company also restated its
selected quarterly fiscal year 2014 balance sheet data and income
statement data. The Company said it made errors when recording a
write down of the sale of its stake in Surfdome Shop Ltd.
Following this news, the price of the Company's stock dropped
dramatically.
Request more information now by clicking here:
www.faruqilaw.com/ZQK. There is no cost or obligation to
you.
Take Action
If you invested in Quiksilver stock or options during the Class
Period and would like to discuss your legal rights, visit
www.faruqilaw.com/ZQK. You can also contact us by calling
Richard Gonnello toll free at
877-247-4292 or at 212-983-9330 or by sending an e-mail to
rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also
encourages anyone with information regarding Quiksilver's conduct
to contact the firm, including whistleblowers, former employees,
shareholders and others.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of the
latest securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
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Attorney Advertising. The law firm responsible for this
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(www.faruqilaw.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello,
Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
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