ALERT: Rosen Law Firm Reminds Movado Group, Inc. Investors of Important Class Action Deadline -- MOV
February 20 2015 - 06:28PM
Rosen Law Firm, a global investor rights firm, reminds purchasers
of Movado Group, Inc. stock (NYSE:MOV) between March 26, 2014 and
November 13, 2014 of the important April 6, 2015 lead plaintiff
deadline.
To join the Movado class action, visit the firm's website at
http://www.rosenlegal.com/cases-499.html, or contact Phillip Kim,
Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action. The case is pending the U.S. District Court for the
District of New Jersey.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN
AN ABSENT CLASS MEMBER.
According to the lawsuit, Movado and certain of its officers and
directors made false and/or misleading statements regarding: (i)
the supposed attractive business prospects and strong growth
expected for the Company's flagship Movado brand as well as its
portfolio of licensed brands; and (ii) the Company's initiative to
boost the Movado brand by cannibalizing one of the Company's other
brand's shelf space at various retailers.
On November 14, 2014, the Company issued a press release
announcing disappointing third quarter financial results and that
the Company would be lowering its fiscal year 2015 guidance. The
suit claims that when the truth was revealed, it caused the price
of the Company's shares to drop, damaging investors.
If you wish to join the class action and recover your losses go
to http://www.rosenlegal.com/cases-499.html or to discuss your
rights or interests regarding this class action, please contact
Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm
toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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