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Weight Watchers International, Inc WTW Securities Lawsuit

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Company: Weight Watchers International, Inc
Ticker Symbol: WTW
Class Period: Feb-14-12 to Oct-30-13
Date Filed: Mar-24-14
Lead Plaintiff Deadline: May-23-14
Court: Southern District of New York
Allegations:
New York, NY: A securities class action has been filed in the United States District Court for the Southern District of New York on behalf of those who purchased shares of Weight Watchers International, Inc. ("Weight Watchers" or the "Company") WTW, during the period between February 14, 2012 and October 30, 2013, inclusive (the "Class Period").

The complaint charges Weight Watchers and certain of its executives with violations of federal securities laws. Specifically, the complaint alleges that Weight Watchers misrepresented and/or failed to disclose that: (1) the Company was experiencing execution issues which were causing it to miss its internally-forecasted financial plan; (2) the Company was experiencing a significant drop in its meeting attendance figures in North America and the United Kingdom; and (3) enrollment was being negatively impacted by increased competition from free weight-loss apps.

Plaintiff seeks to recover damages on behalf of all Weight Watchers shareholders who purchased common stock during the Class Period described above. No Class has yet been certified in the above action.



If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Weight Watchers International, Inc WTW Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Weight Watchers International, Inc securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.

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