Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, has launched an investigation of Stitch Fix, Inc. (“Stitch Fix”) (NASDAQ: SFIX) and several officers and directors for possible violations of federal securities laws.
The firm is investigating potential legal claims against the officers and Board of Directors of Stitch Fix. If you are an affected Stitch Fix shareholder and want to learn more about the investigation, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at firstname.lastname@example.org, or call toll free at (888) 809-2750. There is no cost or fee to you.
The firm seeks to determine if the Stitch Fix violated certain provisions of the Securities Exchange Act of 1934. The investigation relates to Stitch Fix’s October 1, 2018 announcement of fiscal fourth-quarter earnings ending July 28, 2018, in which it reported lower than expected revenue and weaker-than-expected active client numbers. On this news, the price of Stitch Fix common stock dropped nearly $16 per share, more than 35%, on unusually high trading volume.
The Briscoe Law Firm, PLLC is a full-service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.