VSTO SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Vista
Outdoor, Inc. and a Lead Plaintiff Deadline of March 27, 2017
The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the District of Utah on
behalf of investors who purchased Vista Outdoor, Inc. (NYSE: VSTO) securities between August 11, 2016, and January 13, 2017.
Click here to learn about the case: http://www.wongesq.com/pslra/vista-outdoor-inc . There is no cost or obligation to you.
According to the complaint, throughout the Class Period, Defendants made materially false and/or misleading statements and/or
failed to disclose material adverse facts, including: (1) that Vista was experiencing an acceleration in the softening of the
retail environment and an acceleration in its own promotional activity; (2) that, as such, Vista Outdoor was experiencing both
revenue and gross margin declines; (3) that, as a result of the foregoing, the Company would have to begin the impairment
assessment for its Outdoor Products segment’s reporting units in the third quarter of 2017, rather than with the preparation of the
Company’s fiscal year 2017 (“FY17”) annual financial statements; and (4) that, as a result, the Company would have to recognize an
impairment charge in the range of $400 million to $450 million.
If you suffered a loss in Vista Outdoor you have until March 27, 2017 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
Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at
212.425.1140, or visit http://www.wongesq.com/pslra/vista-outdoor-inc .
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud
and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
The Law Offices of Vincent Wong
Vincent Wong, Esq.
Tel. 212-425-1140
Fax. 866-699-3880
vw@wongesq.com
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