INVESTOR ALERT: Lundin Law PC Announces Investigation of Party City Holdco Inc. and Urges Investors to Contact the Firm
December 01 2015 - 9:56PM
Business Wire
Lundin Law PC announces it is investigating claims against Party
City Holdco Inc. (“Party City” or the “Company”) (NYSE: PRTY)
concerning possible violations of federal securities laws. The
investigation is related to allegations that certain statements
issued by Party City were false and misleading concerning the
Company’s financial performance.
To participate in this class action lawsuit, please contact
Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via
email at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
The investigation concerns whether the Company violated Sections
10(b) and 20(a) of the Securities Exchange Act of 1934.
Specifically, the investigation will focus on whether the Company
failed to disclose certain risks in the Registration Statement and
Prospectus, including the impact on Party City due to: (1) soft
consumer traffic trends; (2) the extraordinary performance of the
Disney Frozen franchise from the prior year; and (3) the store
reset initiative. When the truth was revealed, shares dropped
causing investors harm.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20151201006942/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlaw.com
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