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Mon, June 18, 2012Sat, June 16, 2012Fri, June 15, 2012Thu, June 14, 2012Wed, June 13, 2012Tue, June 12, 2012Mon, June 11, 2012Sun, June 10, 2012Fri, June 8, 2012Thu, June 7, 2012Wed, June 6, 2012Tue, June 5, 2012Mon, June 4, 2012Sun, June 3, 2012Sat, June 2, 2012Fri, June 1, 2012Thu, May 31, 2012Wed, May 30, 2012Tue, May 29, 2012Mon, May 28, 2012Sun, May 27, 2012Fri, May 25, 2012Thu, May 24, 2012Wed, May 23, 2012Tue, May 22, 2012The Law Firm of Levi &;; Korsinsky Notifies Investors With Losses on Their Investment in Deckers Outdoor Corporation
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Published in House and Home on Monday, June 4th 2012 at 11:45 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
June 04, 2012 14:38 ET
The Law Firm of Levi & Korsinsky Notifies Investors With Losses on Their Investment in Deckers Outdoor Corporation of Class Action Lawsuit and the Deadline of July 31, 2012 to Seek a Lead Plaintiff Position
NEW YORK, NY--(Marketwire - Jun 4, 2012) - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of investors who purchased Deckers Outdoor Corporation ("Deckers" or the "Company") (
For more information, click here: [ http://zlk.9nl.com/deckers-outdoor-deck ]. There is no cost or obligation to you.
The complaint alleges that defendants made materially false and misleading statements regarding the Company's business operations, financial condition and prospects. According to the complaint, during the class period defendants concealed that: (a) the Company was unable to mitigate the effects of dramatically increasing prices for sheepskin; (b) due to unusually warm weather, the Company was experiencing a steeper decline in demand than was represented; (c) the Company's expansion resulted in the over-supply of UGG products, thus making price increases for those products ineffective; (d) the Company's inventory levels for its UGG brand were increasing rapidly, which led to the increased use of mark-downs and close-outs; (e) as a result, the Company's gross margin was negatively impacted; and (f) based on the above, defendants lacked a reasonable basis for their positive statements about the Company and its revenue outlook.
If you suffered a loss in Deckers you have until July 31, 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 [ jlevi@zlk.com ] or by telephone at (877) 363-5972, or visit [ http://zlk.9nl.com/deckers-outdoor-deck ].
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. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
