ALERT: Rosen Law Firm Reminds Fairway Group Holdings Corp. Investors of
Important April 15, 2014 Class Action Deadline -- FWM
NEW YORK, April 11, 2014 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. reminds
purchasers of the securities of Fairway Group Holdings Corp. (Nasdaq:FWM)
between April 16, 2013 and February 6, 2014, of the important April 15, 2014
lead plaintiff deadline in the class action.
To join the Fairway class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim or Kevin Chan toll-free at
866-767-3653; you may also email 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
CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
The lawsuit alleges that the Company and certain of its executive officers
misrepresented or failed to disclose that: (i) Fairway's same store sales were
declining; (ii) Fairway's direct store expenses were increasing; and (iii)
Fairway's financial forecasts were unrealistic and unobtainable. On February
6, 2014, Fairway announced disappointing results for the third quarter of
fiscal 2014 that were below analysts' estimates and management forecast,
including decreased same store sales and higher expenses. On this news, shares
of Fairway fell $3.31 per share or by approximately 29% to close at $8.12 on
February 7, 2014 damaging investors.
If you wish to serve as lead plaintiff, you must move the Court no later than
April 15, 2014. 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 or Kevin Chan 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: Contact Information:
Laurence 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
Press spacebar to pause and continue. Press esc to stop.