LOS ANGELES -- (Business Wire)
Lundin Law PC announces it is investigating claims against Party City
Holdco Inc.(“Party City” or the “Company”) (NYSE: PRTY)
concerning possible violations of federal securities laws. The
investigation is related to allegations that certain statements issued
by Party City were false and misleading concerning the Company’s
financial performance.
To participate in this class action lawsuit, please contact Brian
Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class is
certified, you are not considered represented by an attorney. You may
also choose to do nothing and be an absent class member.
The investigation concerns whether the Company violated Sections 10(b)
and 20(a) of the Securities Exchange Act of 1934. Specifically, the
investigation will focus on whether the Company failed to disclose
certain risks in the Registration Statement and Prospectus, including
the impact on Party City due to: (1) soft consumer traffic trends; (2)
the extraordinary performance of the Disney Frozen franchise from the
prior year; and (3) the store reset initiative. When the truth was
revealed, shares dropped causing investors harm.
Lundin Law PC was created by Brian Lundin, a securities litigator based
in Los Angeles.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151201006942/en/
Contacts:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile:
888-713-1125
brian@lundinlaw.com
Source: Lundin Law PC
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