FIVE BELOW INVESTOR ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Five Below
December 19 2014 - 9:03PM
Business Wire
Shareholder rights law firm Johnson & Weaver, LLP has
commenced an investigation into whether Five Below, Inc. (Nasdaq:
FIVE) made false and misleading statements and omissions regarding
the Company's business prospects and management structure which
violated federal and state laws.
Five Below operates as a specialty value retailer in the United
States. The Company offers various products priced at $5 and below.
Shares of Five Below fell more that 12% to $37.61 on December 5,
2014 after the retailer announced a new CEO and guided below
analysts' estimates for the fourth quarter.
Johnson and Weaver's investigation is ongoing and seeks to
determine whether certain statements regarding the Company’s
prospects and management structure were accurate when made.
Furthermore, in the timeframe leading up to the stock’s December 5,
2014 decline, certain Five Below insiders sold a significant amount
of shares.
If you have information that could assist in this investigation,
or if you are a long-term Five Below shareholder and are interested
in learning more about the investigation or your legal rights and
remedies, please contact Jim Baker
(jimb@johnsonandweaver.com) by email or by phone at
619-814-4471.
About Johnson & Weaver,
LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New York, and Georgia.
The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For
more information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
Johnson & Weaver, LLPJim Baker,
619-814-4471jimb@johnsonandweaver.com
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