NEW ORLEANS, Sept. 5, 2012 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 29, 2012 to file lead plaintiff applications in a securities class action lawsuit against Body Central Corp. (Nasdaq:BODY), if they purchased the Company's common stock during the period between November 10, 2011 and June 18, 2012, inclusive (the "Class Period"). This action is pending in the United States District Court for the Middle District of Florida.
What You May Do
If you purchased shares of Body Central Corp. and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, e-mail or call KSF Managing Partner, Lewis Kahn (lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or via cell phone any time at 504-301-7900, or KSF Director of Client Relations, Neil Rothstein, Esq. (neil.rothstein@ksfcounsel.com), toll free at 877-694-9510, or via cell phone any time at 330-860-4092. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 29, 2012.
About the Lawsuit
Body Central and certain of its senior executives are charged with issuing a series of materially false and misleading statements, during the Class Period, in violation of federal securities laws.
On June 18, 2012, Body Central common stock declined from $15.99 on June 15, 2012, to close at $8.22 per share on June 18, 2012, the next trading day, after the company dramatically reduced sales and earnings guidance. These revisions stood in stark contrast to prior statements made by the company and its officers regarding the financial health and stability of Body Central.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.