Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the Southern District
of New York on behalf of investors who purchased Francesca’s Holdings
Corporation (“Francesca’s Holdings” or the “Company”) (NasdaqGS:FRAN)
common stock between March 20, 2013 and September 3, 2013.
For more information, click here: http://zlk.9nl.com/francescas-holdings-fran/.
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.
On 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 $17.79.
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 jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/francescas-holdings-fran/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut, 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.
Copyright Business Wire 2013