Company Website:
http://www.johnsonandweaver.com
SAN DIEGO -- (Business Wire)
Shareholder rights law firm Johnson & Weaver, LLP has commenced an
investigation into whether Five Below, Inc. (Nasdaq: FIVE) made false
and misleading statements and omissions regarding the Company's business
prospects and management structure which violated federal and state laws.
Five Below operates as a specialty value retailer in the United States.
The Company offers various products priced at $5 and below. Shares of
Five Below fell more that 12% to $37.61 on December 5, 2014 after the
retailer announced a new CEO and guided below analysts' estimates for
the fourth quarter.
Johnson and Weaver's investigation is ongoing and seeks to determine
whether certain statements regarding the Company’s prospects and
management structure were accurate when made. Furthermore, in the
timeframe leading up to the stock’s December 5, 2014 decline, certain
Five Below insiders sold a significant amount of shares.
If you have information that could assist in this investigation, or if
you are a long-term Five Below shareholder and are interested in
learning more about the investigation or your legal rights and remedies,
please contact Jim Baker (jimb@johnsonandweaver.com) by
email or by phone at 619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law
firm with offices in California, New York, and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more information
about the firm and its attorneys, please visit http://www.johnsonandweaver.com.
Attorney advertising. Past results do not guarantee future outcomes.
Contacts:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
Source: Johnson & Weaver, LLP
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