Shareholders Foundation, Inc.

Stockholder Investigation of Francesca's Holdings Corp (NASDAQ:FRAN) over Potential Violations of Securities Laws

An investigation for investors in Francesca’s Holdings Corp (NASDAQ:FRAN) shares over potential securities laws violations was announced and NASDAQ:FRAN stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 05/25/2016 -- An investigation on behalf of investors of Francesca's Holdings Corp (NASDAQ:FRAN) shares over potential securities laws violations in connection certain financial statements was announced.

Investors who purchased shares of Francesca's Holdings Corp (NASDAQ:FRAN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Francesca's Holdings Corp (NASDAQ:FRAN) concerning whether a series of statements regarding Francesca's Holdings' business, its prospects and its operations were materially false and misleading at the time they were made.

On March 23, 2016, Houston, TX based Francesca's Holdings Corp reported its fourth quarter and fiscal year 2015 financial results. Francesca's Holdings Corp reported that its Total Revenue rose from $377.50 million for the 52 weeks period that ended on January 31, 2015 to $439.38 million for the 52 weeks period that ended on January 30, 2016 and that its Net Income for those respective Time periods increased from $32.11 million to $38.15 million.

Shares of Francesca's Holdings Corp (NASDAQ:FRAN) grew from $10.24 per share in August 2015 to as high as $19.63 per share in April 2016.

On May 17, 2016, Francesca's Holdings Corporation (NASDAQ:FRAN) today announced that its Chairman, President and CEO, Michael W. Barnes has resigned for personal reasons effective immediately.

Shares of Francesca's Holdings Corp (NASDAQ:FRAN) declined to as low as $10.20 per share on May 17, 2016.

On May 23, 2016, NASDAQ:FRAN shares closed at $10.45 per share.

Those who purchased shares of Francesca's Holdings Corp have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com