Arons & Arons, LLC. Announces the Filing of a Securities Class Action Against J.Jill, Inc. (“J.Jill” or the “Company”)
October 19 2017 - 12:49PM
Business Wire
A class action lawsuit has been filed on behalf of those who
purchased or otherwise acquired shares of J.Jill, Inc. (NYSE: JILL)
traceable to the Company’s March 9th, 2017 initial public
offering.
J.Jill Investors are encouraged to contact Jeffrey S. Arons,
Esq. of Arons & Arons, LLC at (973) 762-0795 or (877) 512-7667,
or by email at info@aronslaw.net. For more
information:
http://www.aronslaw.net/securities-fraud
Arons and Arons, LLC. is reaching out to all shareholders who
are interested in serving as a lead plaintiff in this class action.
A lead plaintiff is a representative party that acts on behalf of
other class members in directing the litigation. Any member of the
class may move to the Court to serve as lead plaintiff through
counsel of their choice, or may choose to do nothing and remain an
inactive class member. No class has yet been certified in the above
action. Arons & Arons, LLC. has not filed the complaint in this
matter.
If you are a member of the class, you may no later than
December 12th, 2017 to move to serve as lead
plaintiff of the class, if you so choose.
According to the complaint, the Company’s Registration Statement
was negligently prepared and as a result contained untrue
statements of material fact, omitted material facts necessary to
make the statements contained therein and failed to make adequate
disclosures required under the rules and regulations.
On October 12, 2017, J.Jill common stock closed at $4.86 per
share, more than 62% below its offering price just seven months
after the IPO.
Arons & Arons, LLC is a family oriented law firm that
provides representation for investors who have been victimized by
securities fraud. Our attorneys understand the financial and
emotional trauma that securities fraud can cause, and we are
relentless in our efforts to hold corporate wrongdoers accountable
and obtain compensation for our clients. For over 30 years our
attorneys have provided personal, accessible, and effective legal
representation for our clients.
Investors are encouraged to contact Jeffrey S. Arons, at
Arons & Arons, LLC (Jeffrey Arons, Esq.) at (973) 762-0795 or
(877) 512-7667, or info@aronslaw.net
This press release may be considered Attorney Advertising in
some jurisdictions under applicable laws and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20171019006196/en/
Arons and Arons, LLC.Jeffrey S. Arons,
Esq.973-762-0795877-512-7667info@aronslaw.net
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