ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors who purchased Fairway Group Holdings Corporation (“Fairway” or the “Company”) (NASDAQ: FWM) common stock between April 16, 2013 and February 6, 2014. The complaint alleges that Fairway misled investors regarding the Company’s same store sales and expenses. Further, the complaint alleges that Fairway issued misleading financial forecasts during that time.
On February 6, 2014, Fairway announced disappointing financial results and that its chief executive officer was retiring. The price of Fairway stock fell significantly on the news.
If you purchased Fairway securities between April 16, 2013 and February 6, 2014 and are interested in your legal rights, you are encouraged to contact Marshall P. Dees, Esq. via email at firstname.lastname@example.org, or via toll-free telephone at (888) 508-6832.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm.