Energy News / Shareholders Foundation, Inc.

NASDAQ: FIVE Investor Notice: Investigation over Potential Securities Laws Violations by Five Below, Inc.

Via: ReleaseWire

Updated 10:14 AM CST, Wed, February 05,2020

An investigation for investors in Five Below, Inc. (NASDAQ: FIVE) shares over potential securities laws violations by Five Below, Inc. was announced.

San Diego, CA -- (SBWIRE) -- 02/05/2020 -- An investigation on behalf of investors of Five Below, Inc. (NASDAQ: FIVE) shares over potential securities laws violations by Five Below, Inc. was announced.

Investors who purchased shares of Five Below, Inc. (NASDAQ: FIVE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Five Below, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On January 13, 2020, Five Below, Inc announced sales guidance for the 2019 fiscal fourth quarter. The Company expects to report sales of $685 million to $688 million with comparable-store sales declining 2% to 2.5%. Just earlier in December 2019, Five Below, Inc had estimated sales to come in at $717 million to $732 million with comparable sales up 2% to 3%. Shares of Five Below, Inc. (NASDAQ: FIVE) declined to as low as $95.52 per share on January 13, 2020.

Those who purchased shares of Five Below, Inc. (NASDAQ: FIVE) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaq-five-investor-notice-investigation-over-potential-securities-laws-violations-by-five-below-inc-1274514.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com