BENSALEM, Pa.--(BUSINESS WIRE)--
Law Offices of Howard G. Smith announces an investigation on behalf of Duluth Holdings Inc. investors (“Duluth” or the “Company”) (NASDAQ: DLTH) concerning the Company and its officers’ possible violations of federal securities laws.
On April 4, 2019, the Company announced disappointing financial results for the period ended February 3, 2019, citing “challenges with systems implementation and late deliveries of product” and “inventory that was misaligned to the timing of sales and not distributed optimally throughout the network.”
On this news, shares of Duluth fell $5.94 per share, or over 25%, to close at $17.60 on April 5, 2019, thereby injuring investors.
If you purchased Duluth securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.