The Timberland Company TBL Securities Stock Fraud

Company:	The Timberland Company
Ticker Symbol:	TBL
Class Period:	Feb-17-11 to May-4-11
Date Filed:	Jun-6-11
Lead Plaintiff Deadline:	Aug-5-11
Court:	District of New Hampshire
Allegations:

New York, NY: A securities class action lawsuit has been commenced in the United States District Court for the District of New Hampshire on behalf of purchasers of The Timberland Company ("Timberland" or the "Company") (NYSE: TBL) stock who purchased between February 17, 2011 and May 4, 2011 (the "Class Period"). The complaint alleges that, during the Class Period, certain of the Company's executive officers and directors issued materially false and misleading information regarding the Company's financial condition and revenue.

In particular, the complaint alleges that during the Class Period the Company released overly optimistic statements about sales trends, cost discipline and inventory levels. As a result of these statements, Timberland share prices traded at artificially inflated prices. Furthermore, during this time, the Company concealed that demand for its key products had dramatically declined, while inventory levels and advertising costs were increasing, thereby decreasing operating income. Upon release of the Company's financial results for the first quarter of 2011, the prices of Timberland common stock plummeted.

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.

The Timberland Company TBL Securities Fraud Legal Help

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