ASNA - Ascena Retail Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
0.2900
-0.0141 (-4.64%)
At close: 4:00PM EDT
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Previous Close0.3041
Open0.3100
Bid0.2901 x 800
Ask0.2841 x 900
Day's Range0.2673 - 0.3138
52 Week Range0.2000 - 5.0800
Volume35,636,980
Avg. Volume4,120,885
Market Cap58.01M
Beta (3Y Monthly)0.82
PE Ratio (TTM)N/A
EPS (TTM)-1.3720
Earnings DateSep 23, 2019 - Sep 27, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.00
Trade prices are not sourced from all markets
  • For Clothing Retailers, Breaking Up Is Now Harder to Do
    Bloomberg

    For Clothing Retailers, Breaking Up Is Now Harder to Do

    (Bloomberg Opinion) -- Two big names in clothing retail are getting smaller. Gap Inc. laid out the details last week of its previously announced plan to split into two companies — one that is solely its Old Navy chain, and another for everything else. Meanwhile, J. Crew Group Inc. made it official last week that it plans to spin off its Madewell chain.Both of these splits are the right moves for two apparel businesses that have oddly similar problems: Their newer chains are doing well, but their older ones are struggling.(1) The breakups will allow executives to focus more intently on the troubled brands’ problems.But the plans are still risky, on their own terms and because of larger complications introduced by President Donald Trump’s trade war. The last month or so has amped up enormous tariff-related uncertainty for the apparel industry, as Trump moved to slap levies on $300 billion worth of Chinese goods, only to soon delay some of them. Clothing retailers tend to say they will deal with this situation by negotiating with suppliers. Scale is a huge asset in such negotiations, with the biggest companies having the most leverage. Once the Gap and J. Crew empires split, they will have less muscle to flex in these discussions.A similar dynamic exists with their relationships to their mall landlords. Consider the latest in the saga of another mall heavyweight, Forever 21. My colleagues at Bloomberg News reported this week that the company is holding discussions with Simon Property Group Inc. and Brookfield Property Partners LP about the mall operators buying a stake in the clothing chain as part of a potential bankruptcy filing. It would be similar to when landlords stepped in to save teen clothing chain Aeropostale; the landlords apparently decided owning a piece of an ailing retail chain was preferable to being stuck with a raft of vacancies.Several retail giants have filed for bankruptcy since that 2016 Aeropostale deal without mall operators intervening. But Forever 21 might be different, in part because of its scale: With more than 800 stores, landlords may believe that it is, to steal a popular phrase from another industry, too big to fail. A question for Gap and J. Crew is whether their splits leave them too small to matter.Of course, some of J. Crew and Gap’s peers are also slimming down, meaning they might be dealing with similar hurdles. Ascena Retail Group Inc. has sold its Maurice’s chain and is shuttering Dressbarn;  Bloomberg News reported Thursday it is now considering unloading its Catherines and Lane Bryant brands. L Brands Inc. has closed its small Henri Bendel chain and sold La Senza – tiny parts of its business, to be sure. But it continues to face questions from investors about whether it should separate Victoria’s Secret and Bath & Body Works, a move that would greatly change its scale. Overall, the benefits of a sharper focus (and, in J. Crew’s case, the ability to use IPO proceeds to pay down some debt) will probably make these separations worthwhile. But even the best breakups are challenging — and the uncertain trade and mall retail environments are likely to make them even more so.(1) Old Navy's comparable sales have slipped in the two most recent quarters, but it has been the crown jewel of the company for years.To contact the author of this story: Sarah Halzack at shalzack@bloomberg.netTo contact the editor responsible for this story: Michael Newman at mnewman43@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Ann Taylor Parent Considers Sale of Lane Bryant, Catherines
    Bloomberg

    Ann Taylor Parent Considers Sale of Lane Bryant, Catherines

    (Bloomberg) -- Struggling Ascena Retail Group Inc. is considering the sale of two more of its chains amid mounting losses and signs that creditors are losing confidence in the company’s prospects.Ascena has held discussions about divesting Catherines and Lane Bryant, which specialize in plus-size women’s apparel, according to people with knowledge of the matter. They asked not to be identified because the process isn’t public.Creditors concerned by Ascena’s deteriorating results have hired advisers to address flagging sales and approaching debt maturities, according to other people. A lender group tapped advisory firm Greenhill & Co. to help evaluate potential options, people familiar with the matter said.“It is Ascena Retail Group’s policy not to comment on speculation or rumor,” a spokesman for the Mahwah, New Jersey-based company, said in an email. “The company regularly engages with its lenders.”A sale would mean a significant cut in Ascena’s empire, which now totals about 3,500 stores, and would reverse an acquisition spree that culminated with the 2015 purchase of Ann Taylor and its Loft chain. Lane Bryant operated 731 stores at the end of its third fiscal quarter, and Catherines had 332.U.S. retailers have closed thousands of outlets as consumers do more shopping online and less at brick-and-mortar outlets. Ascena is already in the process of shuttering its Dressbarn chain after failing to find a buyer. That unit operated 661 stores as of May 4. In March, the company said it was selling a majority stake in its Maurices chain to OpCapita for $300 million.Ascena posted losses totaling about $300 million in the first three quarters of its fiscal year, and it hasn’t turned a full-year profit since fiscal 2014. It owes creditors about $1.35 billion. Debtwire earlier reported on the hiring of Greenhill.S&P Global Ratings downgraded Ascena’s credit rating in June to CCC+ from B-, citing the potentially unsustainable debt load.Investor concern is reflected in Ascena’s first-lien secured loans, which are quoted at less than 60 cents on the dollar. The shares, which sold for more than $20 in 2013, now fetch about 30 cents.The company is current on its obligations, is in full compliance with its term loan and revolver, and it intends to remain that way, Ascena’s representative said. There’s also substantial cash on hand, he said.Ascena also operates the Justice teen clothing chain, which it acquired in 2009. That unit operated 831 stores as of May 4.(Updates to add Justice chain in the last paragraph)To contact the reporters on this story: Eliza Ronalds-Hannon in New York at eronaldshann@bloomberg.net;Kiel Porter in Chicago at kporter17@bloomberg.net;Lauren Coleman-Lochner in New York at llochner@bloomberg.netTo contact the editors responsible for this story: Nikolaj Gammeltoft at ngammeltoft@bloomberg.net, Rick Green, Jonathan RoederFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 6 Retail Stocks on the Verge of Bankruptcy
    InvestorPlace

    6 Retail Stocks on the Verge of Bankruptcy

    Another one bites the dust. In early September, discount retailer Fred's (NASDAQ:FRED) announced that it was filing for Chapter 11 bankruptcy protection and shuttering all of its stores. Fred's joins a long list of retailers that have declared bankruptcy over the past several years as technology has dramatically and irreversibly altered the retail landscape. That list includes once loved retailers like Barneys, Sears and Toys "R" Us, among many, many more.Over the next several years, this list will only get longer. Looking at the retail scene, while the broad outlook for physical and digital retailers remains positive, there are a handful of retailers out there that are only a few quarters away from shuttering their doors.These are retailers that were: 1) slow to adapt to the e-commerce shift, 2) have been losing share and relevance for the past few years, 3) are now operating with depleted resources and simply don't have the financial firepower to make the necessary changes and enhancements to their business to survive, and 4) are holding a huge pile of debt.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Sell in Market-Cursed September Ultimately, if a retailer checks off those four boxes, then that's probably a retail stock heading for the graveyard -- meaning it's a retail stock you want to sell.With that in mind, let's take a look at six retail stocks to sell on their way to bankruptcy. Retail Stocks to Sell: J.C. Penney (JCP)Source: Supannee_Hickman / Shutterstock.com First up, we have forgotten mall retail giant J.C. Penney (NYSE:JCP).At one point in time, J.C. Penney was at the heart of the American retail landscape, back when consumers did all of their shopping at malls. Times have changed since then. Namely, consumers have migrated to off-mall and online retail channels. J.C. Penney has been slow to adapt to those changes. They didn't build out an e-commerce business as quickly as they needed to. They didn't develop omni-channel capabilities as quickly as they needed to. And, they didn't update their stores or offerings in a way that they needed to.As such, the once all-important mall retail giant has become largely irrelevant with negative comps and falling margins. J.C. Penney will remain irrelevant for the foreseeable future because this company doesn't have enough cash (only $175 million in cash on the balance sheet) nor does the business produce enough cash (negative free cash flow year-to-date) to allow management to invest that much -- if anything -- back into the business.Further complicating things, there's over $5 billion in total debt sitting on the balance sheet. Thus, any cash this company does produce is going to have to go towards paying off debt.There isn't much to like about JCP here. You have a depressed and forgotten retailer with rapidly depleting resources and a bunch of debt -- that combination ultimately implies that bankruptcy is coming soon. Ascena Retail (ASNA)Source: Jer123 / Shutterstock.com Lesser known than J.C. Penney but in just as much financial trouble, women's apparel retailer Ascena Retail (NASDAQ:ASNA) could easily wind up bankrupt within the next few quarters.Ascena is the parent company behind women's apparel brands like Ann Taylor, LOFT, Lou & Grey, Lane Bryant, Catherines and Justice. Those brands simply aren't all that important in the modern women's apparel retail landscape. They aren't very differentiated and they have a ton of competition. As such, it should be no surprise that over the past several years, Ascena's comparable sales and margin trends have been sharply negative.The big problem here -- as is the case with J.C. Penney -- is that this company doesn't have the resources to improve its product portfolio. There is only $100 million in cash on the balance sheet against the backdrop of over $1.3 billion in long-term debt. Further, cash flow is negative year-to-date, comps are still negative and gross margins are still dropping. Thus, this company is not nor does it project to produce sizable cash any time soon. * 7 Stocks to Buy In a Flat Market An inability to produce cash plus over $1.3 billion in leverage equals looming bankruptcy. That's why ASNA stock has been so beaten up, and why it will remain depressed for the foreseeable future. Stage Stores (SSI)Source: WhisperToMe via Wikimedia CommonsAnother department store operator which finds itself on this list of retail stocks on the verge of bankruptcy is Stage Stores (NYSE:SSI).The story at Stage Stores is very similar to the stories at J.C. Penney and Ascena. Broadly speaking, you have a retailer that accumulated a lot of debt to fuel expansion during its growth years. But, e-commerce disruption ended SSI's growth years, and because the company has failed to adapt its operations in a meaningful way to the e-commerce disruption, sales and profit trends have been hugely negative for several years. Now, SSI is left with largely depleted resources (only $25 million in cash), a still big debt load (over $675 million) and very little visibility to produce enough cash to service the debt load.To be sure, comps here are positive -- a rarity on this list -- as Stage Stories is trying to survive by converting its full-price department stores into more popular off-price discount stores. This transition has potential. But, margins are still dropping, EBITDA is still falling and cash flows are still negative. Plus, off-price stores don't always work out, either -- just ask Fred's.Thus, this move may be too little, too late. Ultimately, it does appear that despite this smart off-price pivot, the ultimate outcome here is for Stage Stores to end up in the retail graveyard. Big 5 Sporting Goods (BGFV)Source: Jonathan Weiss / Shutterstock.com The sporting goods sector has had its fair share of bankruptcies over the past several years, and the industry may get another bankruptcy soon with Big 5 Sporting Goods (NASDAQ:BGFV).In the big picture, the sporting goods sector got too big to be sustainable. That is, now that Walmart (NYSE:WMT), Amazon (NASDAQ:AMZN) and Target (NYSE:TGT) all sell a ton of sporting goods equipment, the market doesn't need a dozen sporting goods department stores anymore. It only needs one or two -- meaning that this market is consolidating around a handful of larger players. Big Five simply isn't one of those players, and as such, it's tough to see there being enough room in the market for Big Five to stay around for much longer.The financials here aren't pretty, either. Big Five has a ton of debt -- about $350 million in debt and operating lease liabilities. Meanwhile, there's only $6.6 million in cash on the balance sheet. Cash flows haven't been consistently positive for about a decade, and the outlook remains dim for them to be consistently positive anytime soon. Comps are positive, but gross margins and profits are still dropping as discounting appears to be driving the positive comps. * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off There's not much to like here. The sporting goods sector is consolidating, and that consolidation is squeezing out Big 5, who -- with only $6 million in cash left against nearly $350 million in debt -- seems to be on the verge of the bankruptcy. Pier 1 (PIR)Source: Jonathan Weiss / Shutterstock.com Next up, we have struggling furniture retailer Pier 1 (NYSE:PIR), who checks off all the boxes of a retail company on the verge of bankruptcy.Limited resources? Check. Pier 1 only has $30.5 million in cash on the balance sheet. Tons of debt? Check. Against that tiny $30.5 million cash balance, Pier 1 has $950 million in total debt on the balance sheet. Negative sales trends? Check. Comparable sales dropped 13.5% last quarter. Sales dropped 15.5%. Retreating margins? Check. Gross margins dropped over 700 basis points last quarter, and operating losses widened. Negative cash flows? Check. Cash flows have turned sharply negative this year, and there isn't much visibility for them to turn back into positive territory anytime soon, if ever.Zooming out, Pier 1 has struggled as e-furniture retailers like Wayfair (NYSE:W) have jumped onto the scene and stolen market share. The big problem? E-commerce penetration rates in furniture retail are around 13%, versus roughly 30% for apparel and consumer electronics. Thus, the e-commerce disruption problem for Pier 1 will only get bigger and bigger over time. As it does get bigger, things will only get worse. Sales will keep dropping, margins will keep retreating, losses will widen, and eventually, the company simply won't have enough financial firepower to service its near $1 billion in debt.PIR stock may not be around for much longer. Bed Bath & Beyond (BBBY)Source: Jonathan Weiss / Shutterstock.com The story at Bed Bath & Beyond (NASDAQ:BBBY) is very similar to the story at Pier 1.Big picture, both are struggling home goods and furniture retailers which are being squeezed out of the market. When it comes to Bed Bath & Beyond, there are two things at play here. One, the mainstream emergence of e-furniture retailer players like Wayfair has pulled customers away from BBBY stores. Two, the expansion of big box retailers like Amazon, Walmart and Target into the home goods and furniture game has eroded BBBY's differentiation in a very crowded retail marketplace.The result? Many consumers have left Bed Bath & Beyond stores, and unless the company runs huge discounts (which would kill margins and lead to huge losses), those churned customers don't have much reason to go back.That's why comps and sales trends have been, are and will remain negative. Same with margin and profit trends. It doesn't help that cash and cash flows are limited, and that the debt load is enormous.Overall, it seems like Bed Bath & Beyond is doomed for a similar fate as Pier 1.As of this writing, Luke Lango was long TGT and W. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post 6 Retail Stocks on the Verge of Bankruptcy appeared first on InvestorPlace.

  • PR Newswire

    S&P Dow Jones Indices Announces Nine Companies Set to Join S&P MidCap 400; Ten Companies to Join S&P SmallCap 600

    NEW YORK , Sept. 6, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its ...

  • Is Tanger Factory Outlet Centers a Buy?
    Motley Fool

    Is Tanger Factory Outlet Centers a Buy?

    With the company's dividend yield hitting 10%, is it time to back up the truck and buy, time to sell, or time to take a wait-and-see approach?

  • GlobeNewswire

    Bragar Eagel & Squire is Investigating Certain Officers and Directors of Ascena Retail Group, A.O. Smith Corporation, and Grubhub and Encourages Investors to Contact the Firm

    Bragar Eagel & Squire is investigating certain officers and directors of Ascena Retail Group, Inc. (ASNA), A.O. Smith Corporation (AOS), and Grubhub, Inc. (GRUB) on behalf of long-term stockholders. Bragar Eagel and Squire is investigating certain officers and directors of Ascena Retail Group, Inc. following a class action complaint that was filed against Ascena on June 7, 2019. In August 2015, Ascena completed the acquisition of Ann Inc. (“Ann”), the parent company of Ann Taylor and LOFT (the “Ann Acquisition”).

  • Business Wire

    Shareholder Alert: Robbins Arroyo LLP Announces Complaint Filed Against Ascena Retail Group, Inc. (ASNA)

    Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of Ascena Retail Group, Inc. filed a derivative complaint against the company's officers and directors for breach of fiduciary duties and unjust enrichment from September 16, 2015 to the present.

  • ACCESSWIRE

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of ASNA, GTT and CARB

    CEDARHURST, NY / ACCESSWIRE / August 6, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • ACCESSWIRE

    FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ascena Retail Group, Inc. and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / August 6, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ascena Retail Group, Inc. ("Ascena" or "the Company") (NASDAQ:ASNA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between September 16, 2015 and June 8, 2017, inclusive (the ''Class Period''), are encouraged to contact the firm before August 6, 2019.

  • ACCESSWIRE

    FINAL DEADLINE ALERT - Ascena Retail Group, Inc. (ASNA) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action and Lead Plaintiff Deadline: August 6, 2019

    NEW YORK, NY / ACCESSWIRE / August 6, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Ascena Retail Group, Inc. (“Ascena” or the “Company”) (ASNA) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Ascena securities between September 16, 2015 through June 8, 2017, both dates inclusive. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

  • ACCESSWIRE

    FINAL DEADLINE TODAY: Rosen, a Top Ranked Law Firm, Reminds Ascena Retail Group, Inc. Investors of Important August 6th Deadline in Securities Class Action Lawsuit - ASNA

    NEW YORK, NY / ACCESSWIRE / August 6, 2019 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ascena Retail Group, Inc. (NASDAQ:ASNA) from September 16, 2015 through ...

  • GlobeNewswire

    CLASS ACTION UPDATE for STG, ASNA, TEVA and NGHC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, Aug. 06, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • Business Wire

    TUESDAY DEADLINE REMINDER: The Schall Law Firm Announces It Is Investigating Claims Against Ascena Retail Group, Inc. and Encourages Investors With Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ascena Retail Group, Inc. (“Ascena” or “the Company”) (NASDAQ: ASNA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

  • ACCESSWIRE

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of VNTR, ASNA and CARB

    NEW YORK, NY / ACCESSWIRE / August 6, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

  • GlobeNewswire

    ASCENA 24 HOUR DEADLINE ALERT: APPROXIMATELY 24 HOURS REMAIN; FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK & FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Ascena Retail Group, Inc. - ASNA

    NEW ORLEANS, Aug. 05, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large.

  • ACCESSWIRE

    SHAREHOLDER ALERT: MMM ASNA FDX: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / August 5, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss ...

  • ACCESSWIRE

    DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ascena Retail Group, Inc. and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / August 5, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ascena Retail Group, Inc. ("Ascena" or "the Company") (NASDAQ:ASNA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between September 16, 2015 and June 8, 2017, inclusive (the ''Class Period''), are encouraged to contact the firm before August 6, 2019.

  • PR Newswire

    FINAL DEADLINE - Ascena Retail Group, Inc. (ASNA) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action and Lead Plaintiff Deadline: August 6, 2019

    NEW YORK, Aug. 5, 2019 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Ascena Retail Group, Inc. ("Ascena" or the "Company") (ASNA) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Ascena securities between September 16, 2015 through June 8, 2017, both dates inclusive. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

  • GlobeNewswire

    FINAL DEADLINE - Ascena Retail Group, Inc. (ASNA) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action and Lead Plaintiff Deadline: August 6, 2019

    Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Ascena Retail Group, Inc. (“Ascena” or the “Company”) (ASNA) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Ascena securities between September 16, 2015 through June 8, 2017, both dates inclusive. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

  • ACCESSWIRE

    CLASS ACTION UPDATE for ASNA, FDX and RLGY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / August 5, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine ...

  • ACCESSWIRE

    ASNA 1 DAY CLASS ACTION DEADLINE: Bernstein Liebhard LLP Reminds Investors That 1 Day Remains to Make a Motion for Lead Plaintiff in a Securities Class Action Lawsuit Against Ascena Retail Group, Inc. - ASNA

    NEW YORK, NY / ACCESSWIRE / August 5, 2019 / Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors that 1 day remains to make a motion for lead plaintiff in a securities class action lawsuit filed on behalf of those who purchased or acquired shares of Ascena Retail Group, Inc. (“Ascena” or the “Company”) (ASNA) between September 16, 2015 and June 8, 2017, both dates inclusive (the "Class Period"). If you purchased Ascena securities, and/or would like to discuss your legal rights and options please visit Ascena Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

  • ACCESSWIRE

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of ASNA, NGHC and MNK

    NEW YORK, NY / ACCESSWIRE / August 5, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.

  • GlobeNewswire

    FINAL DEADLINE: Rosen, a Top Ranked Law Firm, Reminds Ascena Retail Group, Inc. Investors of Important August 6th Deadline in Securities Class Action Lawsuit - ASNA

    Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ascena Retail Group, Inc. (ASNA) from September 16, 2015 through June 8, 2017, inclusive (the “Class Period”), of the important August 6, 2019 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Ascena investors under the federal securities laws. To join the Ascena class action, go to http://www.rosenlegal.com/cases-register-1601.html or call Phillip Kim, Esq.

  • GlobeNewswire

    TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ascena Retail Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ascena Retail Group, Inc. (“Ascena” or “the Company”) (ASNA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between September 16, 2015 and June 8, 2017, inclusive (the ''Class Period''), are encouraged to contact the firm before August 6, 2019. According to the Complaint, the Company made false and misleading statements to the market.

  • ACCESSWIRE

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of VNTR, ASNA and JE

    NEW YORK, NY / ACCESSWIRE / August 4, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.