Deadline Approaching for Investors in Five Below, Inc. (NASDAQ: FIVE) Lawsuit – Contact Shareholders Foundation Now
Investors in Five Below, Inc. (NASDAQ: FIVE) are facing a critical deadline on September 30, 2024, in a lawsuit filed for certain investors who purchased shares of the company. The lawsuit stems from a series of events that have impacted the company’s stock price, including the resignation of President and CEO Joel Anderson and a projected decrease in comparable sales for the fiscal second quarter.
Shares of Five Below, Inc. have seen a significant decline from $216.18 per share at the beginning of the year to as low as $69.82 per share in August. An investor in NASDAQ: FIVE shares has already filed a lawsuit against the company, alleging violations of securities laws related to misleading information about the company’s financial strength and operations.
Investors who purchased shares in excess of $100,000 between March 20, 2024, and July 16, 2024, are urged to contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554 to explore their options before the upcoming deadline.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service that provides research on shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal news related to the stock market. It is important for investors to stay informed and take action to protect their investments in light of these developments.