ATLANTA, Feb. 09, 2024 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC is investigating whether The Children’s Place, Inc. (“Children’s Place” or the “Company”) (NASDAQ: PLCE) complied with federal securities laws. On February 9, 2024, the Company announced preliminary financial results for the fourth quarter of 2023, revealing net sales that fell below the Company’s prior guidance and stating that the “Company has been working to improve its liquidity position and strengthen its balance sheet to best position the Company for the future.” Following this news, the price of the Company’s stock dropped.
If you purchased Children’s Place stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/childrens-place/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
