LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of Potbelly Corporation (“Potbelly Corp.” or the “Company”) (NASDAQ:PBPB) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by the Company concerning Potbelly Corp.’s business and financial prospects.
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Potbelly Corp., through its subsidiary Potbelly Sandwich Works LLC, owns and operates Potbelly Sandwich Works sandwich shops in the United States. The investigation is related to a series of negative announcements regarding the Company. Since the Company’s October 4, 2013, initial public offering, Potbelly Corp. stock has dropped from $33.90 per share -- its high on October 8, 2013 -- to as low as $10.97 on July 10, 2014. The drop in the Company’s stock price follows from a series of negative disclosures concerning Potbelly Corp.’s business, operations and financial performance and prospects.
If you purchased shares of Potbelly Corp., if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (646) 539-8980, by e-mail to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
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