This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Law Firm Of Wohl & Fruchter LLP Announces Investigation Into Financial Reporting Errors At Ignite Restaurant Group, Inc.

The law firm of Wohl & Fruchter LLP announces that it has commenced an investigation into financial reporting errors at Ignite Restaurant Group, Inc. (Ignite) (NASDAQ: IRG).

On July 18, 2012, after the market closed, Ignite announced that it will need to restate its financial statements for years 2009 through 2011 and for the first quarter of 2012, due to errors related to its accounting treatment of certain leases.

On this news, Ignite shares declined over 20% to close at $15.15 per share on July 19, 2012, representing a loss of nearly $100 million in shareholder value.

Wohl & Fruchter’s investigation concerns whether officers and directors of Ignite violated federal securities laws in connection with improper accounting practices.

Persons with relevant information, and Ignite shareholders with questions about this investigation, are invited to contact our Firm by calling 866.582.8140.

Additional information is available on our website at:

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website,, to learn more about our Firm, or contact one of our partners.

This release may be deemed to constitute attorney advertising.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,810.20 +33.77 0.20%
S&P 500 1,979.18 -7.87 -0.40%
NASDAQ 4,742.7060 -38.5580 -0.81%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs