|[July 11, 2014]
ATTENTION POTBELLY SHAREHOLDERS: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Potbelly Corporation
SAN DIEGO --(Business Wire)--
Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating
potential violations of the federal securities laws by Potbelly
Corporation (NASDAQ: PBPB) and certain of its officers. Potbelly owns,
operates and franchises Potbelly Sandwich Works sandwich shops in the
Specifically, Johnson & Weaver's investigation seeks to determine
whether certain statements regarding the Company's business and
prospects were false and misleading when made.
On October 4, 2013 Potbelly stock opened for trading at $28.66 the day
the Company sold 7.5 million shares of stock in its initial public stock
offering (the "IPO"), raising $105 million in new capital. However
since the IPO the Company stock has imploded, falling from its high of
$33.90 on October 8, 2013 to close at $10.97 on July 10, 2014 following
a series of negative announcements regarding the Company's performance,
business prospects and operations.
If you are a Potbelly shareholder and are interested in learning more
about the investigation or your legal rights and remedies, please
contact Jim Baker (firstname.lastname@example.org)
at 619-814-4471. If you email, please include your phone number.
Johnson & Weaver, LLP is a nationally recognized shareholder rights law
firm with offices in California, New York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more information
about the firm and its attorneys, please visit http://www.johnsonandweaver.com.
Attorney advertising. Past results do not guarantee future outcomes.
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