Brower Piven Encourages Investors Who Have Losses in Excess of $200,000 From Investment in Limited Brands, Inc. to

Sat Nov 14, 2009 3:33pm EST
 
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  BALTIMORE, MD, Nov 14 (MARKET WIRE) -- 
Brower Piven, A Professional Corporation announces that a class action
lawsuit has been commenced in the United States District Court for the
Southern District of Ohio on behalf of purchasers of the common stock of
Limited Brands, Inc. ("Limited Brands" or the "Company") (NYSE: LTD)
during the period between August 22, 2007 and February 28, 2008,
inclusive (the "Class Period").

    No class has yet been certified in the above action. Members of the Class
will be represented by the lead plaintiff and counsel chosen by the lead
plaintiff. If you wish to choose counsel to represent you and the Class,
you must apply to be appointed lead plaintiff no later than January 5,
2010 and be selected by the Court. The lead plaintiff will direct the
litigation and participate in important decisions including whether to
accept a settlement and how much of a settlement to accept for the Class
in the action. The lead plaintiff will be selected from among applicants
claiming the largest loss from investment in the Company during the Class
Period. You are not required to have sold your shares to seek damages or
to serve as a Lead Plaintiff. You may contact Brower Piven (through
hoffman@browerpiven.com or 410/986-0036) to answer any questions you may
have in that regard.

    The complaint accuses the defendants of violations of the Securities
Exchange Act of 1934 by virtue of the Company's failure to disclose during
the Class Period problems with a new distribution center and related
technology. According to the complaint, on February 27, 2008, when the
Company reported its issued its fourth quarter and full year 2007
earnings, it also lowered its previous guidance for 2008 and discussed,
in a conference call the following day, the problems with getting the new
distribution center up to capacity, and the value of Limited's stock
declined significantly on February 28, 2008.

    If you have suffered a net loss for all transactions in Limited Brands,
Inc. common stock during the Class Period, you may obtain additional
information about this lawsuit and your ability to become a lead plaintiff
by contacting Brower Piven at www.browerpiven.com, by email at
hoffman@browerpiven.com, by calling 410-986-0036, or at Brower Piven, A
Professional Corporation, The World Trade Center-Baltimore, 401 East Pratt
Street, Suite 2525, Baltimore, Maryland 21202. Attorneys at Brower Piven
have combined experience litigating securities and class action cases of
over 40 years. If you choose to retain counsel, you may retain Brower
Piven without financial obligation or cost to you, or you may retain other
counsel of your choice. You need take no action at this time to be a
member of the class.

    

CONTACT:
Charles J. Piven
Brower Piven, A Professional Corporation
Baltimore, Maryland
410/986-0036
Email Contact

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