A lawsuit was filed on behalf of investors in Stitch Fix, Inc. (NASDAQ: SFIX) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 10/31/2018 -- An investor in shares of Stitch Fix, Inc. (NASDAQ: SFIX) filed a lawsuit over alleged violations of Federal Securities Laws by Stitch Fix, Inc..
Investors, who purchased shares of Stitch Fix, Inc. (NASDAQ: SFIX), have certain options and for certain investors are short and strict deadlines running. Deadline: December 10, 2018. NASDAQ: SFIX investors should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
According to the complaint the plaintiff alleges on behalf of purchasers of Stitch Fix, Inc. (NASDAQ: SFIX) common shares between June 8, 2018 and October 1, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 8, 2018 and October 1, 2018, the defendants made materially false and misleading statements and/or failed to disclose adverse information about Stitch Fix's business and prospects, including that its active client growth had slowed dramatically and that defendants had shut down Stitch Fix's television advertising campaign for much of the fourth quarter of 2018 and that as a result of defendants' false statements and/or omissions, the price of Stitch Fix common stock was artificially inflated to as high as $51.19 per share between June 8, 2018 and October 1, 2018.
Those who purchased shares of Stitch Fix, Inc. (NASDAQ: SFIX) have certain options and should contact the Shareholders Foundation.
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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.
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