The Klein Law Firm Reminds Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by HD Supp...
July 19 2017 - 6:32PM
Business Wire
The Klein Law Firm announces the commencement of an
investigation of HD Supply Holdings, Inc. (NASDAQ:HDS) concerning
possible violations of federal securities laws.
On June 6, 2017, the Company disclosed a plan to accelerate its
investment spending in Facilities Maintenance, and that the Company
would be redeploying working capital into the business, causing it
to lower its operational leverage targets. On the same day, the
Company announced that it had also entered into a definitive
agreement to sell its Waterworks business segment. Following this
news, HD Supply Holdings’ share price fell from $41.27 per share on
June 5, 2017, to a closing price of $34.03 on June 6, 2017.
If you suffered a loss in HD Supply Holdings and wish to obtain
additional information, please contact Joseph Klein, Esq. by
telephone at 212-616-4899 or visit
http://www.kkclasslaw.com/HDS-Info-Request-Form-175.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20170719006407/en/
The Klein Law FirmJoseph Klein, Esq., 212-616-4899Fax:
347-558-9665www.kleinstocklaw.com
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