EQUITY ALERT: The Rosen Law Firm Announces Investigation of Civil Securities Claims Against Hanesbrands Inc. – HBI

NEW YORK--()--The Rosen Law Firm, a global investor rights law firm, announces it is investigating potential civil securities claims on behalf of investors of Hanesbrands Inc. (NYSE:HBI) resulting from allegations that Hanes may have issued materially misleading business information to the investing public.

Between January 1, 2015 and April 8, 2015, Hanes CEO and Chairman of the Board Richard Noll sold approximately $76 million in Hanes stock. On April 23, 2015, Hanes announced its financial results for the first quarter of 2015. The Company reported revenue of $1.21 billion and earnings of 22 cents per share for the quarter, which were both below analysts’ expectations. On this news, shares of Hanes fell $2.36 per share or over 6% to close at $32.22 per share on April 23, 2015.

The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Hanes investors. If you purchased shares of Hanes on or before April 23, 2015, please visit the firm’s website at http://rosenlegal.com/cases-590.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Release Summary

The Rosen Law Firm Representing Hanesbrands Inc. Shareholders in Class Action - HBI

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com