| 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: | |
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.
