|[March 21, 2014]
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action against Weight Watchers International, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of May 20, 2014
NEW YORK --(Business Wire)--
Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the Southern District
of New York on behalf of investors who purchased Weight Watchers
International, Inc. ("Weight Watchers" or the "Company") (NYSE:WTW)
common stock between February 14, 2012 and October 30, 2013.
For more information, click here: http://zlk.9nl.com/weight-watchers-wtw.
The complaint alleges that Weight Watchers misrepresented material facts
and/or failed to disclose adverse facts, inluding that: (a) the Company
was experiencing execution issues which were causing it to miss its
internally-forecasted financial plan; (b) the Company was experiencing a
significant drop in its meeting attendance figures in North America and
the United Kingdom; and (c) enrollment was being negatively impacted by
increased competition from free weight-loss apps.
If you suffered a loss in Weight Watchers you have until May 20, 2014 to
request that the Court appoint you as lead plaintiff. Your ability to
share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E. Levi,
Esq. either via email at firstname.lastname@example.org
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/weight-watchers-wtw.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
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