Glancy Prongay & Murray LLP Continues Investigation on Behalf of Duluth Holdings Inc. Investors (DLTH)
Glancy Prongay & Murray LLP (“GPM”) announces the continuation of its investigation on behalf of Duluth Holdings Inc. (“Duluth” or the “Company”) (NASDAQ: DLTH) investors concerning the Company and its officers’ possible violations of federal securities laws.
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If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected], or visit our website at www.glancylaw.com.
On April 4, 2019, the Company announced disappointing financial results for the period ended February 3, 2019, citing “challenges with systems implementation and late deliveries of product” and “inventory that was misaligned to the timing of sales and not distributed optimally throughout the network.”
On this news, shares of Duluth fell $5.94 per share, or over 25%, to close at $17.60 on April 5, 2019, thereby injuring investors.
If you purchased Duluth securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
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