NEW YORK, Feb. 18, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased Fairway Group Holdings Corp. ("Fairway Group" or the "Company") (Nasdaq:FWM) common stock between April 16, 2013 and February 6, 2014.
Click here to learn more about the action http://zlk.9nl.com/fairway-group-fwm, or call: 877-363-5972. There is no cost or obligation to you.
The Complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (a) Fairway's same store sales were declining; (b) the Company's direct store expenses were increasing; (c) the Company's financial forecasts were wholly unrealistic; and (d) as a result of the foregoing, Fairway's public statements were materially false and misleading at all relevant times.
If you suffered a loss in Fairway Group you have until April 15, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/fairway-group-fwm.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.comSource:Levi & Korsinsky, LLP