NEW YORK--(BUSINESS WIRE)--Jul. 15, 2014--
The Rosen Law Firm, P.A. announces that it is investigating potential
securities fraud claims against
On October 4, 2013 Potbelly Stock opened for trading at $28.66. The Company sold 7.5 million shares of stock in its initial public offering, raising $105 million in new capital. However, since the IPO the Company lowered its second quarter guidance and its stock has imploded, falling from its high of $33.90 on October 8, 2013 to close at $10.97 on July 10, 2014. This followed a series of negative announcements regarding the Company's performance, business prospects and operations.
The Rosen Law Firm is preparing a class action lawsuit on behalf of Potbelly investors. If you purchased Potbelly securities you may visit the website at http://rosenlegal.com to join the action. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Source: The Rosen Law Firm
The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827