SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action
Against Francesca's Holdings Corporation and Its Board of Directors and a Lead
Plaintiff Deadline of November 26, 2013 -- FRAN
NEW YORK, Nov. 12, 2013
NEW YORK, Nov. 12, 2013 /PRNewswire/ --Levi & Korsinsky announces that a
class action lawsuit has been commenced in the United States District Court
for the Southern District of New York on behalf of investors who purchased
Francesca's Holdings Corporation ("Francesca's Holdings" or the "Company")
(NasdaqGS: FRAN) common stock between March 20, 2013 and September 3, 2013.
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The complaint alleges that, during the Class Period, defendants failed to
disclose materially adverse facts, including: (i) that spring and summer
weather and a competitive back-to-school retail environment weighed on
same-store sales growth; (ii) that same-store sales were declining; and (iii)
that the Company was not on track to achieve the financial results defendants
had led the market to expect.
On September 4, 2013, following the announcement of dismal second quarter 2013
financial results and third quarter 2013 guidance, shares of Francesca's
Holdings fell almost 26 percent to close at $17.79.
If you suffered a loss in Francesca's Holdings you have until November 26,
2013 to request that the Court appoint you as lead plaintiff. Your ability to
share in any recovery doesn't require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either via email
at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972,
or visit http://zlk.9nl.com/francescas-holdings-fran/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey,
Connecticut, and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP
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