LOS ANGELES--(BUSINESS WIRE)--
Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fossil Group, Inc. (“Fossil” or the “Company”) (Nasdaq: FOSL).
If you purchased or otherwise acquired Fossil shares, and would like more information about the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at [email protected].
The investigation focuses on whether Fossil and certain of its officers and/or directors violated federal securities laws. On May 9, 2017, the Company reported a $48.2 million net loss for the first quarter of fiscal 2017 compared to a profit of $5.8 million for the same quarter in 2016. The Company posted revenue of $581.8 million, lower than analysts’ estimates of $591 million. When this news was announced, Fossil shares dropped in value sharply.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at [email protected].
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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