LOS ANGELES--(BUSINESS WIRE)--
Goldberg Law PC announces the filing of a class action lawsuit against Vista Outdoor, Inc. (“Vista” or the “Company”) (NYSE: VSTO). Investors who purchased or otherwise acquired Vista shares between August 11, 2016, and January 13, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the March 27, 2017 lead plaintiff deadline.
If you purchased or otherwise acquired Vista shares and would like more information regarding the class action lawsuit, we encourage you to click here, or 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].
On January 12, 2017, Vista disclosed that it anticipates a material asset impairment charge (approximately $400 - $450 million) due to its Hunting and Shooting Accessories reporting unit during the third quarter of the 2017 fiscal year. When this news was released, the value of Vista fell over 21% that day. On January 13, 2017, Vista revealed that the President of its Outdoor Products segment, in which the Hunting and Shooting Accessories unit belongs, had resigned from his position.
When this information was revealed to the investing public, the value of Vista declined, causing investors severe harm.
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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