SAN DIEGO, Sept. 2, 2016 /PRNewswire/ -- Johnson & Weaver, LLP has commenced an investigation concerning whether Genesco Inc. (NYSE: GCO) violated federal securities laws. Genesco retails and wholesales footwear, apparel, and accessories.
On September 1, 2016, Genesco issued a press release announcing its second quarter results and lowered its full year guidance. On this news, Genesco's stock closed at $48.79 per share, down 32.83%. Specifically, Johnson & Weaver's investigation seeks to determine whether certain statements regarding Genesco's business and prospects were false and misleading when made.
If you are a Genesco shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) by email or by phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson & Weaver, LLP