Rosen Law Firm Announces Securities Class Action Lawsuit on Behalf of
LightInTheBox Holding Co. Ltd. Investors -- LITB
NEW YORK, Aug. 27, 2013 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces
that a class action lawsuit has been filed on behalf of purchasers of
LightInTheBox Holding Co. Ltd. (NYSE:LITB) securities during the period from
June 6, 2013 to August 19, 2013, inclusive, seeking to recover damages for
violations of the federal securities laws.
To join the LITB class action, visit the firm's website at
http://www.rosenlegal.com, or call Phillip Kim, Esq. or Kevin Chan, Esq.
toll-free, at 866-767-3653; you may also email at firstname.lastname@example.org or
email@example.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.
According to the suit, defendants materially misstated and/or failed to
disclose that (a) the Company's sales and growth dramatically decreased during
the second quarter of 2013; (b) the Company's costs had grown more than its
sales during the second quarter of 2013, and (c) as a result of the foregoing,
the Company was not on track to achieve the financial results defendants had
led the market to expect during the Class Period.The complaint alleges that
on August 19, 2013, the Company reported second quarter 2013 revenue and
earnings below expectations, causing the Company's stock to lose nearly 40% of
If you wish to serve as lead plaintiff, you must move the Court no later than
October 28, 2013.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, or to discuss your rights or interests regarding this class
action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law
Firm, toll-free, at 866-767-3653, or via e-mail at firstname.lastname@example.org or
email@example.com.You may also visit the firm's website at
The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
CONTACT: Laurence M. Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
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