Securities Class Action Lawsuit Filed Against Body Central Corporation; Shareholders With Large Losses Encouraged to Contact Holzer Holzer & Fistel, LLC Before October 29th Lead Plaintiff Deadline
(firmenpresse) - ATLANTA, GA -- (Marketwire) -- 08/29/12 -- A class action lawsuit has been filed on behalf of investors who purchased shares of Body Central Corporation ("Body Central" or the "Company") (NASDAQ: BODY) between November 10, 2011 and June 18, 2012, inclusive (the "Class Period"). The lawsuit, which was filed in the United States District Court for the Middle District of Florida, alleges Body Central issued statements throughout the Class Period that were materially false and misleading at the time they were made. Specifically, the suit alleges, among other things, that Central Body failed to adequately disclose: (i) that the Company's merchandise miss was not an isolated, quickly fixable event, but would take at least several quarters to remedy and would have a material, negative impact on the Company's financial results; (ii) that the Company's stores were experiencing increasingly poor performance and financial results; (iii) that defendants issued materially false and misleading statements regarding the Company's operations and its business and financial results and outlook; and (iv) that, based on the above, defendants lacked a reasonable basis for their positive statements about the Company or its revenue outlook.
If you purchased Body Central common stock between November 10, 2011 and June 18, 2012, you have the legal right to petition the Court to be appointed a "lead plaintiff." A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Any such request must satisfy certain criteria and be made no later than October 29, 2012. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.
Investors who are interested in serving as lead plaintiff or who have questions concerning their legal rights may contact Michael I. Fistel, Jr., Esq. () or Marshall P. Dees, Esq. () by email or via toll-free telephone at (888) 508-6832.
While Holzer Holzer & Fistel, LLC has not yet filed a complaint in this matter, the firm dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.
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Datum: 29.08.2012 - 12:59 Uhr
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News-ID 1146561
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