INVESTOR ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC,
Remind Investors With Large Financial Interests of Lead
Plaintiff Deadline in Class Action Lawsuit Against Family Dollar
Stores, Inc. - FDO
NEW ORLEANS, LA -- (Marketwire) -- 02/21/13 -- Kahn Swick & Foti,
LLC ("KSF") and KSF partner, the former Attorney General of
Louisiana, Charles C. Foti, Jr., remind investors that they have
until April 22, 2013 to file lead plaintiff applications in a
securities class action lawsuit against Family Dollar Stores, Inc.
(NYSE: FDO), if they purchased the Company's common stock during the
period between October 3, 2012 and January 2, 2013, inclusive (the
"Class Period"). This action is pending in the United States District
Court for the Western District of North Carolina.
What You May Do
If you purchased shares of Family Dollar Stores and would like to
discuss your legal rights and how this case might affect you and your
right to recover for your economic loss, you may, without obligation
or cost to you, e-mail or call KSF Managing Partner, Lewis Kahn
(firstname.lastname@example.org), toll free, 877-515-1850, or via cell
phone any time at 504-301-7900. If you wish to serve as a lead
plaintiff in this class action, you must petition the Court by April
About the Lawsuit
Family Dollar Stores and certain of its senior executives are charged
with issuing a series of materially false and misleading statements,
during the Class Period, in violation of federal securities laws.
On January 3, 2013, Family Dollar published a release disclosing
1Q:13 sales (the period ended 11/24/12) well below guidance.
According to the Company, sales had slowed and inventory had grown
well above plan. After reducing guidance, shares of Family Dollar
fell almost 13%, or $8.30 per share.
During the Class Period, Family Dollar failed to disclose that: (i)
it was suffering from deficient internal controls and procedures;
and, that (ii) it had filed to disclose its true financial and
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana
Attorney General, Charles C. Foti, Jr., and other lawyers with
significant experience litigating complex securities class actions
nationwide on behalf of both institutional and individual
shareholders, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
or after hours via cell phone 504-301-7900
206 Covington St.
Madisonville, LA 70447
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