BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors that all purchasers of the common stock of Ruby Tuesday, Inc. (“Ruby Tuesday” or the “Company”) (NYSE:RT) between April 11, 2013 and October 9, 2013, inclusive (the “Class Period”), have until July 7, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit.
Ruby Tuesday develops, operates and franchises a chain of casual dining restaurants in the United States, Guam and internationally under the Ruby Tuesday brand. The Complaint alleges that, throughout the Class Period, defendants misrepresented and/or failed to disclose material adverse facts concerning the Company’s financial performance and prospects, including that menu changes at the Company’s flagship Ruby Tuesday chain were negatively impacting sales, that sales at its Lime Fresh Grill restaurants had steeply declined and, as a result, the carrying value of that chain’s goodwill, trademark and properties and equipment was materially impaired.
If you purchased Ruby Tuesday common stock during the Class Period, you may move the Court no later than July 7, 2014, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to email@example.com, or visit our website at http://www.howardsmithlaw.com.