Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Whole Foods Market Inc (NASDAQ: WFM) 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 Whole Foods Market Inc (NASDAQ: WFM)concerning whether a series of statements by Whole Foods Market Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On July 29, 2015, Whole Foods announced results for the third-quarter ended July 5, which fell short of expectations. Whole Foods attributed the sharp decrease in sales growth in the last two weeks of the quarter to bad publicity over its overcharging of customers in New York City. After the release of this news, NASDAQ: WFM stock declined $4.90, or 12%, on July 30, 2015.
Based in Austin, TX and founded in 1978, Whole Foods Market Inc is retailer of natural and organic foods across the United States. These stores offer produce, floral, grocery, meat, seafood, bakery, prepared foods, catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, and body care products, as well books, pet products, and household products.
If you purchased shares of Whole Foods Market Inc (NASDAQ: WFM) on or before July 29, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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