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Pomerantz LLP announces filing of class action against Weight Watchers International Inc

Friday, 28 Mar 2014 05:59pm EDT 

Pomerantz LLP:Files a class action lawsuit against Weight Watchers International, Inc and certain of its officers.Complaint alleges that the defendants issued materially false and misleading statements regarding the Company's financial performance and future prospects and failed to disclose adverse facts.Says Weight Watchers was experiencing execution issues which were causing it to miss its internally forecasted financial plan.Says Weight Watchers was facing increased competition from free weight-loss apps and its enrollment was being negatively impacted. 

Company Quote

-0.08 -0.28%
26 Nov 2014