Investigation of Checkpoint Systems, Inc. Announced by Law Offices of Howard G. Smith
March 11 2014 - 6:32PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims on behalf of investors of Checkpoint
Systems, Inc. (“Checkpoint” or the “Company”) (NYSE:CKP) concerning
possible violations of federal securities laws. The investigation
focuses on the Company’s financial performance.
Checkpoint manufactures and provides loss prevention, inventory
management and labeling solutions to the retail and apparel
industries worldwide. The investigation is related to the Company’s
March 6, 2014, announcement that it is delaying the distribution of
its 2013 fourth quarter and fiscal year earnings release,
originally scheduled for release March 6, and delaying the related
conference call and webcast previously scheduled for March 7, 2014.
According to the Company, “Checkpoint needs additional time to
complete the review of its financial results for the fourth quarter
and full year 2013.” Following this news, the price of Checkpoint
shares dropped $1.10 per share, to a closing price of $14 per share
on March 7, 2014.
If you purchased Checkpoint securities, if you have information
or would like to learn more about these claims, 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
www.howardsmithlaw.com.
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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