Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Christopher & Banks Corporation (NYSE: CBK) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Christopher & Banks Corporation (NYSE: CBK) concerning whether a series of statements by Christopher & Banks Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On August 13, 2015, Christopher & Banks released its preliminary results for the second quarter. Christopher & Banks reported it's current expectation is to report net sales of approximately $94 million, the previous estimate was between $100 million and $103. Due to this, Christopher & Banks no longer expects to meet its prior full year guidance. After the release of this news, shares of Christopher & Banks fell $1.55 per share or over 47% to close at $1.69 per share on August 14, 2015.

Based in Plymouth, MN and founded in 1956, Christopher & Banks Corporation designs, sources, and sells women’s apparel and accessories to customers ranging in age from 45 to 60. It has retail locations as well as e-commerce Web sites, such as christopherandbanks.com and cjbanks.com.

If you purchased shares of Christopher & Banks Corporation (NYSE: CBK) on or before August 13 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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