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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of EVINE Live Inc (NASDAQ: EVLV) 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 EVINE Live Inc (NASDAQ: EVLV) concerning whether a series of statements by EVINE Live Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 20, 2015, EVINE Live reported a first quarter (Q1) adjusted loss of $0.04 per share, $0.08 worse than analysts’ estimates of $0.04. Revenues for the quarter fell 0.8% year/year to $158.5 million vs. the $165.16 million consensus estimates.
Based in Eden Prairie, Mn and founded in 1990, EVINE Live Inc operates as a digital commerce company that sells and distributes products to consumers through TV, online, mobile, and social media in the merchandise categories of home, beauty, health and fitness, fashion and accessories, jewelry and watches, and consumer electronics.
If you purchased shares of EVINE Live Inc (NASDAQ: EVLV) on or before May 20 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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