SAN DIEGO, July 16, 2024 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP is investigating whether Five Below, Inc. (NASDAQ: FIVE) or any of its officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation is focused on investors’ losses and whether they can be recovered under the federal securities laws.
What happens once I have purchased? Five among us Securities? If you have purchased securities and suffered losses on your investment, join our investigation now:
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Or contact Jim Baker for more information at [email protected] or (619) 814-4471.
There are no costs or obligations to you.
What does Johnson Fistula examine? On July 16, 2024, Five Below officially announced that Joel Anderson had resigned from his positions as President and CEO, as well as his seat on the Board of Directors. At the same time, the company forecast a 6% to 7% decline in comparable sales for the second fiscal quarter ending August 3, 2024.
Following this news, the stock fell 9% in after-hours trading on July 16, 2024.
What if I have relevant non-public information? Persons with nonpublic information about the Company should consider assisting with our investigation or utilizing the SEC Whistleblower Program. Under the SEC Program, whistleblowers who provide original information may, under certain circumstances, receive rewards of up to thirty percent of any successful SEC recovery. For more information, contact Jim Baker at (619) 814-4471 or [email protected].
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia and Colorado. The firm represents individual and institutional investors in shareholder class action lawsuits involving derivatives and securities. For more information about the firm and its attorneys, visit http://www.johnsonfistel.com.
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Contact:
Johnson Fistula, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
[email protected] or [email protected]
