An investigation for investors in NASDAQ:FRAN shares over potential securities laws violations in connection certain financial statements was announced.
Investors who purchased shares of Francesca’s Holdings Corp (NASDAQ:FRAN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Francesca’s Holdings Corp (NASDAQ:FRAN) concerning whether a series of statements regarding Francesca’s Holdings’ business, its prospects and its operations were materially false and misleading at the time they were made.
Shares of Francesca’s Holdings Corp grew from $10.24 per share in August 2015 to as high as $19.63 per share in April 2016.
On May 17, 2016, Francesca’s Holdings Corporation announced that its Chairman, President and CEO, Michael W. Barnes has resigned for personal reasons effective immediately.
Shares of Francesca’s Holdings Corp (NASDAQ:FRAN) declined to as low as $10.20 per share on May 17, 2016.
On June 2, 2016, NASDAQ:FRAN shares closed at $10.64 per share.
Those who purchased NASDAQ:FRAN 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