SOURCE: Shalov Stone Bonner & Rocco LLP

Shalov Stone Bonner & Rocco LLP

November 19, 2009 16:03 ET

Shalov Stone Bonner & Rocco LLP Announces Class Action Against Limited Brands, Inc.

NEW YORK, NY--(Marketwire - November 19, 2009) - Shalov Stone Bonner & Rocco LLP announces that a class action lawsuit has been filed on behalf of all persons who purchased the common stock of Limited Brands, Inc. ("Limited Brands" or the "Company") (NYSE: LTD) between August 22, 2007 and February 28, 2008, inclusive (the "Class Period"). The lawsuit is pending in the United States District Court for the Southern District of Ohio against Limited Brands and certain of its officers and directors.

The complaint alleges that during the Class Period defendants made false and misleading statements concerning Limited Brands' financial condition, business and prospects. Defendants' statements were false and misleading because they misrepresented and/or failed to disclose adverse events regarding the development of a new warehouse and certain technology, and their likely adverse impact on the Company's financial results.

According to the complaint, on February 27, 2008, the Company issued a press release announcing its earnings for fourth quarter and full year 2007. This press release substantially lowered Limited Brands' previously issued guidance for 2008. On this news, Limited Brands' common stock fell from $17.82 on February 27, 2008 to $15.85 on February 28, 2008 on heavy trading volume.

Shalov Stone Bonner & Rocco LLP has extensive experience in the prosecution of lawsuits on behalf of investors. For more information about the firm, please visit its website at:

If you purchased Limited Brands common stock and would like additional information about your rights, please contact investor rights attorney Amanda C. Scuder, at Shalov Stone Bonner & Rocco LLP, 485 Seventh Avenue, Suite 1000, New York, New York 10018 (telephone: (212) 239-4340; email:

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact Information