UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Francesca’s Holdings Corp. & Its Board o...
November 18 2013 - 4:41PM
Business Wire
Levi & Korsinsky announces that a class action lawsuit has
been commenced in the United States District Court for the Southern
District of New York on behalf of investors who purchased
Francesca’s Holdings Corporation (“Francesca’s Holdings” or the
“Company”) (NasdaqGS:FRAN) common stock between March 20, 2013 and
September 3, 2013.
For more information, click here:
http://zlk.9nl.com/francescas-holdings-fran/.
The complaint alleges that, during the Class Period, defendants
failed to disclose materially adverse facts, including: (i) that
spring and summer weather and a competitive back-to-school retail
environment weighed on same-store sales growth; (ii) that
same-store sales were declining; and (iii) that the Company was not
on track to achieve the financial results defendants had led the
market to expect.
On September 4, 2013, following the announcement of dismal
second quarter 2013 financial results and third quarter 2013
guidance, shares of Francesca’s Holdings fell almost 26 percent to
close at $17.79.
If you suffered a loss in Francesca’s Holdings you have until
November 26, 2013 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require
that you serve as a lead plaintiff. To obtain additional
information, contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://zlk.9nl.com/francescas-holdings-fran/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut, and Washington D.C. The firm has
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. Attorney advertising. Prior
results do not guarantee similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
212-363-7171www.zlk.com
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