NEW YORK, Feb. 27, 2015 /PRNewswire/ -- Levi & Korsinsky, LLP commenced an investigation of Weight Watchers International, Inc. (NYSE: WTW) (the "Company") in connection with possible breaches of fiduciary duty by the Board of Directors of the Company.
To get more information, click here: http://zlk.9nl.com/weight-watchers-wtw. There is no cost or obligation to you.
On February 26, 2015 the Company reported a fourth-quarter loss of $16.1 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Company said it had a loss of 28 cents. Earnings, adjusted for asset impairment costs and restructuring costs, came to 7 cents per share. On this news, shares of Weight Watchers have fallen over $6.00 per share, or more than 35%, in intraday trading on February 27, 2015.
If you own common stock in Weight Watchers International, Inc. and wish to obtain additional information about the investigation, please contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/weight-watchers-wtw.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP