FRED INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Fred’s Inc. Investors

BENSALEM, Pa.--()--Law Offices of Howard G. Smith continues its investigation on behalf of Fred’s Inc. (“Fred’s” or the “Company) (NASDAQ: FRED) investors concerning the Company and its officers’ possible violations of federal securities laws.

“Company) (NASDAQ: FRED) investors concerning the Company and its officers’ possible violations of federal securities laws.”

On April 18, 2018, Fred’s announced that it was delaying the release of its fourth quarter and full year 2017 financial results. Shortly thereafter, on April 27, 2018, Fred’s announced that Michael K. Bloom, the Company’s Chief Executive Officer, had resigned. On this news, Fred’s share price fell approximately 18% during intraday trading on April 30, 2018, thereby injuring investors.

If you purchased Fred’s 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.

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

Recent Stories

RSS feed for Law Offices of Howard G. Smith

Release Summary

FRED INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Fred’s Inc. Investors

Law Offices of Howard G. Smith