Nov. 12, 2013
/PRNewswire/ -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of
on behalf of investors who purchased Francesca's Holdings Corporation ("Francesca's Holdings" or the "Company") (NasdaqGS: FRAN) common stock between
March 20, 2013
September 3, 2013
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The complaint alleges that, during the Class Period, defendants failed to disclose materially adverse facts, including: (i) that spring and summer weather and a competitive back-to-school retail environment weighed on same-store sales growth; (ii) that same-store sales were declining; and (iii) that the Company was not on track to achieve the financial results defendants had led the market to expect.
September 4, 2013
, following the announcement of dismal second quarter 2013 financial results and third quarter 2013 guidance, shares of Francesca's Holdings fell almost 26 percent to close at
If you suffered a loss in Francesca's Holdings you have until
November 26, 2013
to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact
Joseph E. Levi, Esq.
either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in
, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004 Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP