INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of a Securities Action on Behalf of Shareholders
of J.Jill, Inc. and a Lead Plaintiff Deadline of December 12, 2017
The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired common stock of J.Jill, Inc. (“J.Jill”) (NYSE:
JILL) pursuant and/or traceable to the Company’s Initial Public Offering on or around October 9,
2017 . To get more information go to:
http://www.zlkdocs.com/JILL-Info-Request-Form-6149
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation
to you.
The complaint alleges that the Registration Statement and Prospectus filed for the Company’s IPO contained materially false and
misleading statements and/or failed to disclose that: (1) the Company’s purportedly unique and superior sales and marketing
approach had not insulated the Company from adverse trends affecting the overall retail industry; (2) the Company’s historic gross
margin growth was not sustainable and would not continue, as it relied on various short-term boosts to revenues; (3) the Company
was carrying increasing amounts of slow moving inventory and would need to significantly markdown sales items and increase
promotional efforts in an attempt to continue its sales growth; (4) the Company’s brick-and-mortar stores were failing, as they
were experiencing difficulty attracting customers and maintaining profitability, which would result in the Company shuttering up to
eight stores in fiscal 2017, with the rate of store closures accelerating; and (5) as a result of the aforementioned, J.Jill’s
business, prospects and ability to service its long-term debt had been materially impaired.
If you suffered a loss in J.Jill you have until December 12, 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.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s
attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and
have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20171031006102/en/