BENSALEM, Pa.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24DLTH&src=ctag” target=”_blank”gt;$DLTHlt;/agt; lt;a href=”https://twitter.com/hashtag/classaction?src=hash” target=”_blank”gt;#classactionlt;/agt;–Law Offices of Howard G. Smith announces the continuation of its
investigation on behalf of Duluth Holdings Inc. investors (“Duluth” or
the “Company”) (NASDAQ: DLTH)
concerning the Company and its officers’ possible violations of federal
securities laws.
On April 4, 2019, the Company announced disappointing financial results
for the period ended February 3, 2019, citing “challenges with systems
implementation and late deliveries of product” and “inventory that was
misaligned to the timing of sales and not distributed optimally
throughout the network.”
On this news, shares of Duluth fell $5.94 per share, or over 25%, to
close at $17.60 on April 5, 2019, thereby injuring investors.
If you purchased Duluth securities, have information or would like to
learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by
telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected],
or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com
