Ollie`s Bargain Outlet Holdings, Inc.
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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Ollie’s Bargain Outlet Holdings, Inc. from June 6, 2019 through August 28, 2019.
If you bought Ollie`s Bargain Outlet Holdings, Inc. securities between June 6, 2019 through August 28, 2019, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Ollie`s Bargain Outlet Holdings, Inc. – OLLI
New York, N.Y., November 8, 2019. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Ollie`s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) between June 6, 2019 and August 28, 2019, inclusive (the “Class Period”).
To join the OLLI class action, go to http://zhanginvestorlaw.com/cases/ollies-bargain-outlet-holdings-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.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, throughout the Class Period: (1) the Company suffered a supply chain issue that impacted the initial inventory available at new stores; (2) as a result, the Company lacked sufficient inventory to meet demand at certain store locations; (3) as a result, the Company’s comparable store sales were likely to decrease quarter-over-quarter; and (4) as a result, Ollie’s public statements were materially false and misleading at all relevant times. 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 November 18, 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/ollies-bargain-outlet-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 firstname.lastname@example.org.
Zhang Investor Law represents investors worldwide.