LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed against Performance Sports Group Ltd. (“Performance Sports” or the “Company”) (NYSE: PSG). Investors who purchased or otherwise acquired shares between August 27, 2015 and March 7, 2016, (the “Class Period”), are encouraged to contact the firm in advance of the May 17, 2016, lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, ca 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the complaint, the Company lowered their fiscal year 2016 guidance due to: (1) a write down of the receivable balance from a sporting goods retailer that has filed under chapter 11 and the related anticipated loss of sales from this retailer; and (2) an anticipated reduction in sales, mainly attributable to weakness in the baseball/softball market.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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