Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against Pier 1 Imports, Inc. (“Pier 1” or the “Company”) (NYSE: PIR). Investors who purchased or otherwise acquired shares between December 19, 2013 and February 10, 2015, inclusive (the “Class Period”) are encouraged to contact the Firm immediately to discuss their legal options.
If you purchased shares of Pier 1 during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint, the Company made false and/or misleading statements and failed to disclose the truth regarding “unplanned” expenses that had led the Company to lower its financial guidance. When the truth was revealed to the public, shares dropped causing investors harm.
If you purchased shares of Pier 1 during the Class Period you have until October 26, 2015 to ask the Court to appoint you as lead plaintiff. If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some jurisdictions.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150930006909/en/
Contacts:
Joon M. Khang, Esq.
Telephone:
949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
