Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against
LightInTheBox Holding Co., Ltd.
LOS ANGELES -- August 27, 2013
Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been
filed in the United States District Court for the Southern District of New
York on behalf of a class (the “Class”) comprising all purchasers of the
securities of LightInTheBox Holding Co. Ltd. (“LITB” or the “Company”)
(NYSE:LITB) between June 6, 2013 and August 19, 2013, inclusive (the “Class
A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW &
GOLDBERG LLP. PLEASE CONTACT US TOLL-FREE AT (888) 773-9224, OR AT (212)
682-5340, OR BY EMAIL TO SHAREHOLDERS@GLANCYLAW.COM TO DISCUSS THIS MATTER. IF
YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR MAILING ADDRESS, TELEPHONE NUMBER AND
NUMBER OF SHARES PURCHASED.
LITB, through its subsidiaries, operates as an online retailing company and
provides apparel products, including special occasion apparel, such as wedding
dresses, bridesmaid dresses, groom wear, cocktail dresses, formal evening
wear, graduation dresses, and accessories. The Complaint alleges that
defendants issued false and/or misleading statements and/or failed to disclose
that: (1) LITB’s sales growth had dramatically decreased during the second
quarter of 2013; (2) the Company’s costs had grown more than its sales during
the second quarter of 2013; and (3) 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.
If you are a member of the Class described above you may move the Court no
later than 60 days from the date of this Notice to serve as lead plaintiff;
however, you must meet certain legal requirements.
If you wish to learn more about this action or have any questions concerning
this announcement or your rights or interests with respect to these matters,
please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP,
1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll Free
at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow &
Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at
(212) 682-5340, by e-mail to firstname.lastname@example.org, or visit our website
at http://www.glancylaw.com. If you inquire by email please include your
mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Glancy Binkow & Goldberg LLP, Los Angeles, CA
Glancy Binkow & Goldberg LLP, New York, NY
(212) 682-5340 or (888) 773-9224
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