Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors

Pomerantz Law Firm Investigates Claims On Behalf of Investors of YogaWorks, Inc. - YOGA

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/11/2019 | 08:43pm EDT

NEW YORK, Jan. 11, 2019 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of YogaWorks, Inc. (“YogaWorks” or the “Company”) (NASDAQ: YOGA).   Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether YogaWorks and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here to join a class action]

On or around August 11, 2017, YogaWorks conducted its initial public offering (“IPO”), issuing approximately 7.3 million shares of common stock priced at $5.50 per share.  On August 14, 2018, YogaWorks reported its financial and operating results for the second quarter of 2018 and held a conference call to discuss the results.  YogaWorks announced that it had lowered the midpoint of earnings before interest, taxes, depreciation, and amortization guidance by roughly $2.5 million, citing changes in its promotional activities as well as planned training and brand building initiatives.  During the conference call, YogaWorks further disclosed that the Company would be pivoting from its much-touted acquisition strategy and refocusing on its base business and improving the profitability of its revenue stream.

Following these announcements, YogaWorks’ stock price fell $0.77 per share, or 41.4%, to close at $1.09 per share on August 15, 2018.  Since the IPO, YogaWorks’ stock price has fallen precipitously from its offering price of $5.50 per share.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 9980


© GlobeNewswire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Companies"
11:23pRENESAS ELECTRONICS : to complete Integrated Device Technology takeover next week
AQ
11:22pBOEING : Southwest sending team to review Boeing 737 MAX upgrade while parking jets
RE
11:20pBOEING : Southwest sending team to review Boeing 737 MAX upgrade while parking jets
RE
10:53pARLO 72 HOUR DEADLINE ALERT : Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors with Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Arlo Technologies, Inc.
BU
10:52pNAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation – NAVI
BU
10:52pQUALCOMM INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of QUALCOMM Incorporated - QCOM
BU
10:51pDIPLOMAT PHARMACY CLAIMSFILER Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Diplomat Pharmacy, Inc. - DPLO
PR
10:51pSNC-LAVALIN INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Investigates SNC-Lavalin Group Inc. for Possible Securities Fraud - SNCAF
BU
10:51pNISOURCE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Investigates the Officers and Directors of NiSource Inc. - NI
BU
10:51pEVERQUOTE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL : Kahn Swick & Foti, LLC Reminds Investors of Class Action Lawsuit against EverQuote, Inc. - EVER
BU
Latest news "Companies"
Advertisement