SAN DIEGO--(BUSINESS WIRE)--Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by EVINE Live Inc. (NASDAQ: EVLV) and certain of its officers. EVINE Live operates as a digital commerce company in the United States. The company markets, sells and distributes products to consumers through TV, online, mobile and social media in the merchandise categories of home, beauty, health and fitness, fashion and accessories, jewelry and watches, and consumer electronics.
Specifically, Johnson & Weaver’s investigation seeks to determine whether certain statements regarding EVINE Live’s business and prospects were false and misleading when made.
On May 20, 2015, EVINE Live reported a first quarter (Q1) adjusted loss of $0.04 per share, $0.08 worse than analysts’ estimates of $0.04. Revenues for the quarter fell 0.8% year/year to $158.5 million vs. the $165.16 million consensus estimates.
If you are an EVINE Live shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) at 619-814-4471. If you email, please include your phone number.
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.