Press release
Investors who lost money with shares of Five Below, Inc. (NASDAQ: FIVE) should contact the Shareholders Foundation in connection with Lawsuit
A lawsuit was filed on behalf of investors in Five Below, Inc. (NASDAQ: FIVE) shares over alleged securities laws violations.
Investors who purchased shares of Five Below, Inc. (NASDAQ: FIVE) have certain options and for certain investors are short and strict deadlines running. Deadline: September 30, 2024. NASDAQ: FIVE investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Philadelphia, PA based Five Below, Inc. operates as a specialty value retailer in the United States. On July 16, 2024, Five Below, Inc. formally announced that Joel Anderson has resigned from his positions as President and CEO, as well as from his seat on the Board of Directors. Concurrently, the company projected a decrease of 6% to 7% in comparable sales for the fiscal second quarter ending August 3, 2024.
Shares of Five Below, Inc. (NASDAQ: FIVE) declined from $216.18 per share on January 02, 2024, to as low as $69.82 per share on August 01, 2024.
The plaintiff claims that between March 20, 2024 to July 16, 2024, the defendants provided investors with false and/or materially misleading information about FIVE's financial strength and operations, including its outlook for the first quarter and full year 2024.
Those who purchased shares of Five Below, Inc. (NASDAQ: FIVE) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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