DEADLINE TOMORROW: Levi & Korsinsky, LLP Reminds Shareholders of Ruby Tuesday, Inc. of Class Action Lawsuit & a Lead Plaintif...
28 June 2016 - 12:03AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Ruby Tuesday, Inc. (“Ruby Tuesday” or
the “Company”) (NYSE: RT) between July 24,
2015 and April 7, 2016.
You are hereby notified that a securities class action
has been commenced in the USDC for the Southern District of New
York. If you purchased or otherwise acquired Ruby Tuesday
securities between July 24, 2015 and April 7, 2016, your rights may
be affected by this action. To get more information go to:
http://www.zlk.com/pslra/ruby-tuesday.
The complaint alleges that defendants issued materially false
and misleading statements to investors and/or failed to disclose
that: (a) Ruby Tuesday’s fiscal year 2016 guidance was unobtainable
and unrealistic; (b) promotional activity by its peers was
adversely impacting the Company’s performance; (c) the continuing
decline in casual dining customers and traffic adversely impacted
Ruby Tuesday’s performance; and (d) as a result of the
aforementioned, defendants’ statements concerning the Company’s
business, operations, and prospects were false and misleading
and/or lacked a reasonable basis.
If you suffered a loss in Ruby Tuesday you have until
June 28, 2016 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://www.zlk.com/pslra/ruby-tuesday.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160627005856/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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