EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against HD Supply Holdings,
Inc. – HDS
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the
securities of HD Supply Holdings, Inc. (NASDAQ: HDS) from November 9, 2016 through June 5, 2017, inclusive (the “Class Period”).
The lawsuit seeks to recover damages for HD Supply investors under the federal securities laws.
To join the HD Supply class action, go to http://rosenlegal.com/cases-1161.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or
email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
The complaint alleges that defendants during the Class Period made false and misleading statements and/or failed to disclose
that: (1) HD Supply’s full year 2017 growth and operational leverage targets were unattainable; (2) the operational recovery of its
Facilities Maintenance supply chain was not going according to plan; (3) HD Supply was exploring the sale of its Waterworks
segment; (4) Defendant Joseph DeAngelo, with full knowledge of the undisclosed materially adverse facts alleged herein, embarked on
a selling spree of personal holdings of HD Supply stock that netted him over $54 million in proceeds; and (5) as a result of the
foregoing, Defendants’ statements about HD Supply’s business, operations, and prospects were false and misleading and/or lacked a
reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than
September 11, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
If you wish to join the litigation, go to http://rosenlegal.com/cases-1161.html or to discuss your rights or interests regarding this class action, please
contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder
derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the
number of securities class action settlements annually obtained for investors.
The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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