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Class Action Cases

A class action has been filed on behalf of Floor and Décor Holdings, Inc. Investors. Click "Join this Class Action" above.

Attorneys

Floor and Decor Holdings, Inc.

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New York, N.Y., May 29, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Floor & Decor Holdings, Inc. (NYSE: FND) between May 23, 2018 and August 1, 2018 (the “Class Period”). The lawsuit seeks to recover damages for Floor & Decor investors under the federal securities laws.

If you bought Floor & Decor securities from May 23, 2018 through August 1, 2018 and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Floor & Decor Holdings, Inc. – FND

New York, N.Y., May 29, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Floor & Decor Holdings, Inc. (NYSE: FND) between May 23, 2018 and August 1, 2018 (the “Class Period”). The lawsuit seeks to recover damages for Floor & Decor investors under the federal securities laws.

To join the Floor & Decor class action, go to http://zhanginvestorlaw.com/cases/floor-and-decor-holdings-inc/ or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) prior to the May 24 Secondary the Company had already begun to experience declining sales trends that would ultimately result in the reduction of its fiscal 2018 sales and adjusted EPS guidance, which had been increased as recently as May 2018; (2) as a result of this adverse information being withheld from the market, the price of the Company’s stock was artificially inflated during the Class Period, allowing Company insiders to sell more than 10.3 million shares of Floor & Decor common stock, including the shares sold in the May 24 Secondary Offering, for proceeds of more than $466 million; and (3) as a result of the foregoing, defendants’ positive statements about Floor & Decor’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/floor-and-decor-holdings-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.
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