Federman & Sherwood Investigates RetailMeNot, Inc. for Possible Violations of Federal Securities Laws
August 19 2015 - 6:19PM
Business Wire
The law firm of Federman & Sherwood has initiated an
investigation into RetailMeNot, Inc. (NASDAQ: SALE) with respect to
possible violations of federal securities laws.
RetailMeNot, Inc. operates a digital coupon marketplace and is
headquartered in Austin, Texas. Federman & Sherwood’s
investigation concerns whether RetailMeNot, Inc. violated Federal
Securities Laws. On August 5, 2015, RetailMeNot reported a
second-quarter loss of $1.6 million, falling below market
expectations. The Company also reduced revenue guidance for the
full year 2015. On this news, the Company’s shares declined to
close at $8.38 per share. Specifically, Federman & Sherwood’s
investigation seeks to determine whether the prior statements
regarding the Company’s operations and future performance were
materially misleading.
If you currently own common stock in RetailMeNot, Inc., have any
information to assist in our investigation, or have questions or
concerns regarding this notice or your rights or interests in this
matter, please contact Federman & Sherwood. Federman &
Sherwood has extensive nationwide experience in representing
investors in securities, derivative and merger-related shareholder
class actions, and has been appointed as lead counsel in multiple
complex cases across the country.
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version on businesswire.com: http://www.businesswire.com/news/home/20150819006273/en/
FEDERMAN & SHERWOODRobin Hester,
405-235-1560rkh@federmanlaw.com
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