INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Fred’s, Inc. Investors
December 09 2016 - 7:02PM
Business Wire
Law Offices of Howard G. Smith announces an investigation
on behalf of investors of Fred’s, Inc. (“Fred’s” or the “Company”)
(NASDAQ: FRED) investors concerning the Company and its officers’
potential violation of federal securities laws.
Fred’s, together with its subsidiaries, sells general
merchandise through its retail discount stores and full service
pharmacies.
On December 8, 2016, Fred’s reported a net loss of $38.4 million
for the third quarter of 2016, compared to a net income of $1.4
million for the same period last year. Then, on the Company’s
earnings call, the Company stated that it would not take analysts’
questions due to a “pending transaction.”
If you purchased Fred’s securities, 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 email
to howardsmith@howardsmithlaw.com, or visit our website at
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/20161209005795/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
Freds (NASDAQ:FRED)
Historical Stock Chart
From Aug 2024 to Sep 2024
Freds (NASDAQ:FRED)
Historical Stock Chart
From Sep 2023 to Sep 2024