Tailored Brands Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Tailored Brands Inc
Stock Symbol : NYSE: TLRD
Class Period Start: 06/18/2014
Class Period End: 12/09/2015
Lead Plaintiff motion: 05/31/2016
Date Filed: 03/31/2016
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of Texas
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the May 31, 2016 lead plaintiff deadline in a class action lawsuit filed against Tailored Brands Inc (NYSE: TLRD) (“Tailored Brands” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of Texas and investors, who purchased Tailored Brands Inc securities between June 18, 2014 and December 9, 2015, have until May 31, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Tailored Brands Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The Complaint alleges that throughout the Class Period defendants made materially false and misleading statements, and omitted materially adverse facts, about Tailored Brands business, operations and prospects.  As a result, the Company’s stock traded at artificially inflated prices during the Class Period.

On June 18, 2014, Tailored Brands (then known as The Men's Wearhouse) revealed the completed acquisition of Jos. A. Bank Clothiers, Inc. for $65.00 per share.

On November of 2015, Tailored Brands revealed preliminary third quarter results and an updated fiscal year 2015 outlook. Shareholders were told there were "significant comparable sales weakness at Jos. A. Bank." Tailored Brands also recognized that fourth quarter comparable sales at Jos. A. Bank were expected to be down between 20 to 25% from the previous year's fourth quarter.

On December 9, 2015, the Company released third quarter earnings that were not as good as previously predicted just weeks earlier.

Following this news, NYSE: TLRD shares dropped over 17%, closing at $15.27 per share on December 10, 2015, on heavy trading volume.

If you were negatively impacted by your investment in Tailored Brands Inc securities between June 18, 2014 and December 9, 2015 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm.

Thieler Law Corp

2534 State Street - Suite 406,

San Diego, CA 92101

by

email: mail@thielerlaw.com

or

telephone at +1 (619) 377 - 4324

or

visit our website http://www.thielerlaw.com/

or

Facsimile: +1 (619) 785 – 3185

 

Transactions
Buy date (mm/dd/yyyy) Number of shares Price per share
Sell date (mm/dd/yyyy) Number of shares Price per share
Please wait...