NEW YORK, Dec. 12, 2013 /PRNewswire/ -- Bernstein
Liebhard LLP today announced that it is investigating possible
breaches of fiduciary duties by certain senior executives and
members of the Board of Directors of Francesca's Holdings
Corporation ("Francesca's" or "the Company") (NASDAQ: FRAN).
The investigation centers on whether these executives and directors
breached their fiduciary duties to and harmed the Company by: (i)
subjecting Francesca's to costly and potentially devastating
litigation by allegedly disseminating materially false and
misleading information that acted to artificially inflate
Francesca's stock price; and (ii) selling substantial portions of
their personal Company stock holdings – before they disclosed the
truth about Francesca's – for proceeds of more than $200 million, while in possession of adverse,
nonpublic information about the Company.
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If you are interested in discussing your rights as a Francesca's
shareholder and/or have information relating to the matter, please
contact Joseph R. Seidman, Jr. at
(877) 779-1414 or seidman@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities,
consumer and shareholder rights cases and recovered over
$3 billion for its clients. It
has been named to The National Law Journal's "Plaintiffs'
Hot List" in each of the last ten years.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2013 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for this
advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
Contact Information
Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
seidman@bernlieb.com
SOURCE Bernstein Liebhard LLP