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Investigation for Investors in NYSE: LB shares over possible Violations of Securities Laws by L Brands, Inc.

07-24-2019 08:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in L Brands, Inc. (NYSE: LB) shares over potential securities laws violations by L Brands, Inc.

An investigation for investors in L Brands, Inc. (NYSE: LB) shares over potential securities laws violations by L Brands, Inc.

An investigation was announced on behalf of investors of L Brands, Inc. (NYSE: LB) shares over potential securities laws violations by L Brands, Inc.

Investors who purchased shares of L Brands, Inc. (NYSE: LB), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of L Brands, Inc. (NYSE: LB) concerning whether a series of statements by L Brands, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

After the market closed on November 19, 2018, L Brands, Inc announced its financial results for the 2018 third quarter, the period ended November 3, 2018. L Brands, Inc also announced that it intended to reduce its annual ordinary dividend to $1.20 from $2.40 beginning with the quarterly dividend to be paid in March 2019 in order to deleverage Company's balance sheet over time.
Shares of L Brands, Inc. (NYSE: LB) declined from $61.45 per share in December 2017 to as low as $21.45 per share in June 2019.

On July 23, 2019, NYSE: LB shares closed at $25.27 per share.

Those who purchased shares of L Brands, Inc. (NYSE: LB) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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