The Shuman Law Firm Investigates Urban Outfitters Inc.
14 August 2015 - 12:06AM
Business Wire
The Shuman Law Firm announces that it is investigating potential
claims against certain officers and directors of Urban Outfitters
Inc. (“Urban Outfitters” or the “Company”) (Nasdaq: URBN). Urban
Outfitters is a Philadelphia, PA-based company which operates as
both a retailer and wholesaler of general consumer products.
The Firm’s investigation relates to potential damages to Urban
Outfitters caused by allegedly false and misleading public
statements made by the Company’s senior officers and directors
regarding the Company's financial performance and future prospects.
These alleged false and misleading statements, when made public,
led to a drop in Urban Outfitters’ stock price and the filing of a
class action lawsuit against the Company and certain of its senior
officers and directors. Recently, a federal judge denied, in full,
the Company’s motion to dismiss the class action lawsuit and the
case is now proceeding toward trial.
If you currently own Urban Outfitters common stock and are
interested in discussing your rights, or have information relating
to this investigation, please contact Kip B. Shuman or Rusty E.
Glenn toll-free at (866) 569-4531 or email Mr. Shuman at
kip@shumanlawfirm.com or email Mr. Glenn at
rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation,
concentrating its practice in stockholder litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20150813005802/en/
The Shuman Law FirmKip B. Shuman, Esq.,
303-861-3003kip@shumanlawfirm.comorRusty E. Glenn, Esq.,
303-861-3003rusty@shumanlawfirm.comorToll-Free: 866-569-4531Fax:
303-536-7849www.shumanlawfirm.com
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