LOS ANGELES--(BUSINESS WIRE)--

Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Vista Outdoor, Inc. (“Vista” or the “Company”) (NYSE: VSTO) concerning possible violations of federal securities laws between August 11, 2016 and January 13, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the March 27, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at [email protected].

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

Vista revealed that it is expecting a material asset impairment charge (approximately $400 - $450 million) to its Hunting and Shooting Accessories reporting unit during the third quarter of the 2017 fiscal year. When this news was revealed to investors, the value of Vista fell over 21% that day. Then 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. Following the release of this information to the investing public, the value of Vista declined, causing investors severe harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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