WFM INVESTOR ALERT: Investigation of Whole Foods Market, Inc. Announced by The Law Offices of Howard G. Smith
July 30 2015 - 7:37PM
Business Wire
Law Offices of Howard G. Smith announces an investigation on
behalf of investors of Whole Foods Markets, Inc. ("Whole Foods" or
the "Company") (NASDAQ: WFM). The investigation focuses on whether
the Company and its officers violated securities laws by issuing
misleading information to investors regarding its business
practices and the impact of an alleged fraudulent weight and
pricing scheme on the Company’s reputation.
On July 29, 2015, after the close of trading, the organic grocer
released lower-than-expected quarterly earnings and fourth-quarter
guidance, which the company attributed in part to the New York City
Department of Consumer Affairs’ complaint that accuses the Company
of a long running scheme to defraud Whole Foods shoppers through
mislabeling product weights.
On this news, the company's shares fell $4.74 per share, or
nearly 12%, to close on July 30, 2015 at $36.08 per share.
If you purchased or otherwise acquired Whole Foods shares, have
information or would like to learn more about these claims, or have
any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Howard G.
Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol
Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at
215-638-4847, toll-free at -888-638-4847, or by e-mail to
howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150730006796/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
Whole Foods Market, Inc. (NASDAQ:WFM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Whole Foods Market, Inc. (NASDAQ:WFM)
Historical Stock Chart
From Apr 2023 to Apr 2024