Law Offices of Howard G. Smith announces an investigation on behalf of The Children's Place, Inc. (“The Children's Place” or the “Company”) (NASDAQ: PLCE) investors concerning the Company’s possible violations of federal securities laws.
On February 9, 2024, The Children’s Place announced preliminary fourth quarter 2023 financial results that fell short of the Company’s previously issued guidance. The Company also disclosed that it was working with advisors to obtain new financing.
On this news, The Children’s Place’s stock price fell $7.24, or 36.7%, to close at $12.51 per share on February 9, 2024, thereby injuring investors.
If you purchased The Children's Place securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240215812926/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
