NEW ORLEANS, April 6, 2018 /PRNewswire/ -- 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.
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