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Press Release: IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ascena Retail Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm


LOS ANGELES, June 14, 2019 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ascena Retail Group, Inc. (“Ascena” or “the Company”) (NASDAQ: ASNA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between September 16, 2015 and June 8, 2017, inclusive (the ''Class Period''), are encouraged to contact the firm before August 6, 2019.If you are a shareholder who suffered a loss, click here to participate.We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.According to the Complaint, the Company made false and misleading statements to the market. Ascena’s acquisition of ANN, Inc. developed into a disaster for the Company based on ANN’s operations to be in far worse condition than was generally believed to be the case. The Company improperly delayed the recognition of an impairment charge related to ANN’s goodwill to mask the true extent of this problem. Based on...


Posted: 2019-06-14 22:00:00

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Press Release: IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ascena Retail Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm | Globe NewsWire News Distribution Service | RobinsPost News Network - Newscast

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NEW YORK, July 15, 2019 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ascena Retail Group, Inc. from September 16, 2015 through June 8, ...

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