MOV SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Notifies Investors of Class Action Against Movado Group, Inc. and Its Board of D...
19 February 2015 - 8:39AM
Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the District of
New Jersey on behalf of investors who purchased Movado Group, Inc.
("Movado" or the "Company") (NYSE:MOV) securities March 26, 2014
and November 13, 2014.
To get more information, click here:
http://zlk.9nl.com/movado-group-mov. There is no
cost or obligation to you.
The complaint alleges that during the Class Period defendants
issued materially false and misleading statements regarding: (a)
the purportedly attractive business prospects and strong growth
expected for the Company's flagship Movado brand as well as its
portfolio of licensed brands; and (b) the Company's initiative to
boost the Movado brand by cannibalizing one of the Company's other
brand's shelf space at various retailers.
On November 14, 2014, Movado issued a press release
preliminarily announcing disappointing third quarter financial
results and that the Company would be lowering its fiscal year 2015
guidance.
If you suffered a loss in Movado you have until April 6, 2015 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E.
Levi, Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/movado-group-mov.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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