Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for banking industry professionals · Thursday, March 28, 2024 · 699,517,992 Articles · 3+ Million Readers

FOOT LOCKER SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Foot Locker, Inc. - FL

NEW ORLEANS, March 23, 2018 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 8, 2018 to file lead plaintiff applications in a securities class action lawsuit against Foot Locker, Inc. (NYSE:FL), if they purchased the Company’s shares between August 19, 2016 and August 17, 2017, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of New York.

Get Help

Foot Locker investors should visit us at https://www.claimsfiler.com/cases/view-foot-locker-inc-securities-litigation or call to speak to our claim center toll-free at (844) 367-9658.

About the Lawsuit

Foot Locker and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On August 18, 2017, the Company revealed negative financial results for the second quarter of fiscal year 2017, including revenue significantly below expectations, attributed in part to lower same-store sales, that many more stores were being closed than previously announced, and that weaker sales were expected for the rest of the fiscal year.

On this news, the price of Foot Locker’s shares plummeted.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial instruments.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

Powered by EIN News
Distribution channels: IT Industry, Law


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release