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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Stitch Fix Inc (NASDAQ: SFIX) 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 Stitch Fix Inc (NASDAQ: SFIX) concerning whether a series of statements by Stitch Fix Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 1, 2018, the Company revealed fiscal fourth-quarter earnings ending July 28, 2018. The Company reported lower than expected revenue and weaker-than-expected active client numbers.
Following this news, NASDAQ: SFIX fell more than 35%.
Based in San Francisco, California, and founded in 2011 Stitch Fix Inc sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States.
If you purchased shares of Stitch Fix Inc (NASDAQ: SFIX) on or before October 1, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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