EVINE LIVE SHAREHOLDER ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of EVINE Live Inc.; E...
21 May 2015 - 12:48AM
Business Wire
Shareholder Rights Law Firm Johnson & Weaver, LLP is
investigating potential violations of the federal securities laws
by EVINE Live Inc. (NASDAQ: EVLV) and certain of its officers.
EVINE Live operates as a digital commerce company in the United
States. The company markets, sells and distributes products to
consumers through TV, online, mobile and social media in the
merchandise categories of home, beauty, health and fitness, fashion
and accessories, jewelry and watches, and consumer electronics.
Specifically, Johnson & Weaver’s investigation seeks to
determine whether certain statements regarding EVINE Live’s
business and prospects were false and misleading when made.
On May 20, 2015, EVINE Live reported a first quarter (Q1)
adjusted loss of $0.04 per share, $0.08 worse than analysts’
estimates of $0.04. Revenues for the quarter fell 0.8% year/year to
$158.5 million vs. the $165.16 million consensus estimates.
If you are an EVINE Live shareholder and are interested in
learning more about the investigation or your legal rights and
remedies, please contact Jim Baker
(jimb@johnsonandweaver.com) at 619-814-4471. If you
email, please include your phone number.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150520006002/en/
Johnson & Weaver, LLPJim Baker,
619-814-4471jimb@johnsonandweaver.com
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