Thu Feb 21, 2013 11:39pm EST

* Reuters is not responsible for the content in this press release.

  NEW ORLEANS, LA, Feb 21 (Marketwire) -- 
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors that they
have until April 22, 2013 to file lead plaintiff applications in a
securities class action lawsuit against Family Dollar Stores, Inc. (NYSE:
FDO), if they purchased the Company's common stock during the period
between October 3, 2012 and January 2, 2013, inclusive (the "Class
Period"). This action is pending in the United States District Court for
the Western District of North Carolina.

    What You May Do

    If you purchased shares of Family Dollar Stores 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
(, toll free, 877-515-1850, or via cell phone
any time at 504-301-7900. If you wish to serve as a lead plaintiff in
this class action, you must petition the Court by April 22, 2013. 

    About the Lawsuit

    Family Dollar Stores 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 January 3, 2013, Family Dollar published a release disclosing 1Q:13
sales (the period ended 11/24/12) well below guidance. According to the
Company, sales had slowed and inventory had grown well above plan. After
reducing guidance, shares of Family Dollar fell almost 13%, or $8.30 per

    During the Class Period, Family Dollar failed to disclose that: (i) it
was suffering from deficient internal controls and procedures; and, that
(ii) it had filed to disclose its true financial and operational

    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



Kahn Swick & Foti, LLC
Lewis Kahn
Managing Partner
or after hours via cell phone 504-301-7900
206 Covington St.
Madisonville, LA 70447 

Copyright 2013, Marketwire, All rights reserved.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

Where do you want to go?

We look at when to take trips, budget considerations and the popularity of multigenerational family travel.   Video