INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Ollie’s Bargain Outlet Holding...

Date : 09/12/2019 @ 1:00AM
Source : Business Wire
Stock : Ollies Bargain Outlet Holdings Inc (OLLI)
Quote : 61.7  0.0 (0.00%) @ 9:00AM

INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Ollie’s Bargain Outlet Holding...

Ollies Bargain Outlet (NASDAQ:OLLI)
Historical Stock Chart

1 Month : From Aug 2019 to Sep 2019

Click Here for more Ollies Bargain Outlet Charts.

The law firm of Kirby McInerney LLP is investigating potential claims against Ollie’s Bargain Outlet Holdings, Inc. (“Ollie’s” or the “Company”) (NASDAQ: OLLI). This investigation concerns whether Ollie’s has violated federal securities laws and/or engaged in other unlawful business practices.

On August 28, 2019, Ollie’s announced disappointing financial results for the second quarter and revised sales and earnings guidance for the full-year fiscal 2019. The Company reported comparable store sales decreased 1.7%. In addition, Ollie’s disclosed the existence of a “bottleneck issue” in the supply chain “[t]hat existed for most all of Q2,” which was not corrected until “the last week of the quarter.” On this news, shares of Ollie’s fell $21.41, or 27.5%, to close at $56.36 on August 29, 2019.

If you acquired Ollie’s securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kirby McInerney LLP Thomas W. Elrod, Esq., (212) 371-6600 investigations@kmllp.com www.kmllp.com

Latest OLLI Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.