A deadline is coming up on June 28, 2016 in the lawsuit filed for investors in NYSE:RT shares over alleged securities laws violations by Ruby Tuesday.
Investors who purchased shares of Ruby Tuesday, Inc. (NYSE:RT) have certain options and there are strict and short deadlines running. Deadline: June 28, 2016. Ruby Tuesday, Inc. (NYSE:RT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
According to the complaint the plaintiff alleges on behalf of certain purchasers of Ruby Tuesday, Inc. (NYSE:RT) common shares that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants issued allegedly false and misleading statements to investors and/or failed to disclose that Ruby Tuesday’s fiscal year 2016 guidance was unobtainable and unrealistic, that promotional activity by its peers was adversely impacting Ruby Tuesday’s performance, that the continuing decline in casual dining customers and traffic adversely impacted Ruby Tuesday’s performance, and that as a result of the foregoing, defendants’ statements about Ruby Tuesday’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
Shares of Ruby Tuesday, Inc. (NYSE:RT) closed on June 24, 2016, at $3.79 per share.
Those who purchased NYSE:RT shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com