The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Flowers Foods, Inc. Investo...
August 17 2016 - 10:30AM
Business Wire
Law Offices of Howard G. Smith announces that a class
action lawsuit has been filed on behalf of investors who purchased
Flowers Foods, Inc. (“Flowers Foods” or the “Company”) (NYSE: FLO)
securities between February 7, 2013, and August 10, 2016.
Flowers Foods investors have until October 11, 2016 to ask
the Court to appoint you as lead plaintiff if you meet certain
legal requirements.
Investors suffering losses on their Flowers Foods investments
are encouraged to contact the Law Offices of Howard G. Smith to
discuss their legal rights in this class action at 888-638-4847 or
by email to howardsmith@howardsmithlaw.com.
The complaint charges Flowers Foods and certain of its officers
with violations of the federal securities laws. Specifically, the
complaint alleges that Defendants made false and/or misleading
statements and/or failed to disclose: (1) that the Company was
improperly classifying employees as independent contractors; (2)
that the misclassification exposed the Company to legal liability
and/or negative regulatory action; (3) that proper classification
would have a negative impact on the Company’s operations; and (4)
that, as a result of the foregoing, Defendants’ statements about
Flowers Foods’ business, operations, and prospects, were false and
misleading and/or lacked a reasonable basis.
If you purchased shares of Flowers Foods during the Class Period
you may move the Court no later than October 11,
2016 to ask the Court to appoint you as lead plaintiff if
you meet certain legal requirements. To be a member of the Class
you need not take any action at this time; you may retain counsel
of your choice or take no action and remain an absent member of the
Class. If you wish to learn more about this action, or if
you 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 email
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160817005207/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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