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Deadline in Lawsuit for Investors in shares of Fred’s, Inc. (NASDAQ: FRED) upcoming

08-19-2019 07:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on August 27, 2019 in the lawsuit for certain investors in Fred’s, Inc. (NASDAQ: FRED).

A Deadline is coming up on August 27, 2019 in the lawsuit for certain investors in Fred’s, Inc. (NASDAQ: FRED).

The Shareholders Foundation announces that a deadline is coming up on August 27, 2019 in the lawsuit filed for certain investors of Fred’s, Inc. (NASDAQ: FRED) over alleged securities laws violations by Fred’s, Inc.

Investors who purchased shares of Fred’s, Inc. (NASDAQ: FRED) have certain options and there are strict and short deadlines running. Deadline: August 27, 2019. NASDAQ: FRED stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Western District of Tennessee the plaintiff alleges on behalf of purchasers of Fred’s, Inc. (NASDAQ: FRED) common shares between December 20, 2016 and June 28, 2017, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between December 20, 2016 and June 28, 2017, the Defendants made false and/or misleading statements downplaying or disputing contrary reports from journalists signaling regulatory turbulence in closing the Original Merger, as well as, the Revised Merger, and representing that inside knowledge of the FTC gave confidence that the deal would close.

Those who purchased shares of Fred’s, Inc. (NASDAQ: FRED) 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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