Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against LightInTheBox Holding Co., Ltd.

Tue Aug 27, 2013 10:05pm EDT

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Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against LightInTheBox Holding Co., Ltd.

Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of a class (the “Class”) comprising all purchasers of the securities of LightInTheBox Holding Co. Ltd. (“LITB” or the “Company”) (NYSE:LITB) between June 6, 2013 and August 19, 2013, inclusive (the “Class Period”).

A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW & GOLDBERG LLP. PLEASE CONTACT US TOLL-FREE AT (888) 773-9224, OR AT (212) 682-5340, OR BY EMAIL TO SHAREHOLDERS@GLANCYLAW.COM TO DISCUSS THIS MATTER. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR MAILING ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.

LITB, through its subsidiaries, operates as an online retailing company and provides apparel products, including special occasion apparel, such as wedding dresses, bridesmaid dresses, groom wear, cocktail dresses, formal evening wear, graduation dresses, and accessories. The Complaint alleges that defendants issued false and/or misleading statements and/or failed to disclose that: (1) LITB’s sales growth had dramatically decreased during the second quarter of 2013; (2) the Company’s costs had grown more than its sales during the second quarter of 2013; and (3) as a result of the foregoing, the Company was not on track to achieve the financial results defendants had led the market to expect during the Class Period.

If you are a member of the Class described above you may move the Court no later than 60 days from the date of this Notice to serve as lead plaintiff; however, you must meet certain legal requirements.

If you wish to learn more about this action or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg
(888) 773-9224
or
Glancy Binkow & Goldberg LLP, New York, NY
Gregory Linkh
(212) 682-5340 or (888) 773-9224
shareholders@glancylaw.com
www.glancylaw.com

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