INVESTOR ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against J. Jill, Inc.

LOS ANGELES--()--Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against J. Jill, Inc. (“J. Jill” or the “Company”) (NYSE: JILL) for violations of the Securities Act of 1933.

Investors who purchased the Company’s shares pursuant and/or traceable to its initial public offering on March 9, 2017 (the “IPO”) are encouraged to contact the firm before December 12, 2017, the lead plaintiff motion deadline.

If you are a shareholder who suffered a loss in connection with the IPO, click here to participate.

We also encourage 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 free of charge. You can also reach us through the firm’s website at http://www.goldberglawpc.com/, or by email at info@goldberglawpc.com.

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.

The Complaint alleges that the Registration Statement filed in connection with the IPO contained false and misleading information because J. Jill’s purportedly unique and superior sales and marketing approach had not insulated the Company from adverse trends affecting the overall retail industry, like it claimed. The Company was carrying increasing amounts of slow moving inventory and would need to significantly markdown sale items and increase promotional efforts in an attempt to continue its sales growth. Also, the Company’s brick-and-mortar stores were experiencing difficulty attracting customers and maintaining profitability, which would result in the Company closing up to eight stores in fiscal 2017 – thereby diminishing the Company’s gross margins and impairing its ability to service its long-term debt. Since the IPO, J. Jill’s stock price has dropped more than 62%, which has caused investors harm.

Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian Schall, Esq., 800-977-7401
info@goldberglawpc.com
www.Goldberglawpc.com

Contacts

Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian Schall, Esq., 800-977-7401
info@goldberglawpc.com
www.Goldberglawpc.com