NEW YORK, Oct. 15, 2012 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Middle District of Florida on behalf of investors who purchased Body Central Corporation (Nasdaq:BODY) securities between November 10, 2011 and June 18, 2012.
For more information, click here: http://zlk.9nl.com/body-central-body.
The complaint alleges that, throughout the Class Period, defendants misrepresented and/or failed to disclose the following adverse facts: (a) that the Company's "merchandise miss" was not an isolated, quickly repairable event, but would take at least several quarters to remedy and would have a material, negative impact on the Company's financial results; (b) that the Company's stores were experiencing increasingly poor performance and financial results; (c) that defendants issued materially false and misleading statements regarding the Company's operations and its business and financial outlook; (d) that, based on the above, defendants lacked a reasonable basis for their positive statements about the Company; and (e) as a result of defendants' false statements, Body Central common stock traded at artificially inflated prices during the Class Period.
If you suffered a loss in Body Central you have until October 29, 2012 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 (877) 363-5972, or visit http://zlk.9nl.com/body-central-body.
Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.comSource:Levi & Korsinsky, LLP