LESLIE’S INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Leslie’s, Inc. - LESL
Leslie's, Inc. (LESL)
Company Research
Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Leslie’s, Inc. (NasdaqGS: LESL).On July 13, 2023, the Company pre-released preliminary results for 3Q 2023, disclosing a 12% decline in sales, earnings per share for the quarter 42% below analysts’ estimates, and adjusted earnings before interest, taxes, depreciation, and amortization of $124 to $128 million, far below the prior forecast of $197 million, and a 60% cut to its financial outlook for the remainder of the year.Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.KSF’s investigation is focusing on whether Leslie’s, Inc.’s officers and/or directors breached their fiducia
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LESL
News
- Leslie’s, Inc. to Report Second Quarter Fiscal 2024 Financial Results on May 8, 2024GlobeNewswire
- Leslie’s Appoints Benjamin Lindquist Senior Vice President, General Counsel & Corporate SecretaryGlobeNewswire
- Leslie's, Inc. (NASDAQ: LESL) is now covered by analysts at Mizuho. They set a "neutral" rating and a $7.00 price target on the stock.MarketBeat
- Leslie's, Inc. (NASDAQ: LESL) had its price target raised by analysts at Loop Capital from $6.00 to $8.00. They now have a "hold" rating on the stock.MarketBeat
- Leslie's Shares Top 3 Reasons Above-Ground Pools Are Smart First Step into the Pool LifestylePR Newswire
LESL
Earnings
- 2/1/24 - Beat
LESL
Sec Filings
- 4/19/24 - Form 3
- 4/9/24 - Form 8-K
- 3/21/24 - Form S-8
- LESL's page on the SEC website