NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of Mattel, Inc. (NASDAQ: MAT) concerning possible violations of federal securities laws.
On April 20, 2017, Mattel announced first quarter 2017 financial results significantly below Wall Street consensus estimates. The Company reported that, on a year-over-year basis, worldwide net sales and gross margins each declined by more than 15 percent. Following this news, shares of Mattel fell nearly 14% on April 21, 2017.
If you suffered a loss in Mattel and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/MAT-Info-Request-Form-171?wire=2
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.