SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky

April 11, 2016 12:17 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Tailored Brands, Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of May 31, 2016 -- TLRD

NEW YORK, NY--(Marketwired - April 11, 2016) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Tailored Brands, Inc. ("Tailored Brands") (NYSE: TLRD) (formerly The Men's Wearhouse, Inc.) between June 18, 2014 and December 9, 2015. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of Texas. To get more information go to:

http://www.zlk.com/pslra/tailored-brands

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

On June 18, 2014, Tailored Brands (then known as The Men's Wearhouse) announced the completed acquisition of Jos. A. Bank Clothiers, Inc. for $65.00 per share. CEO and President Doug Ewert referred to the newly-combined entity as a "truly great company for all our stakeholders." Then in November of 2015, the Company announced preliminary third quarter results and an updated fiscal year 2015 outlook. Investors were told there were "significant comparable sales weakness at Jos. A. Bank." The Company also acknowledged that fourth quarter comparable sales at Jos. A. Bank were expected to be down between 20 to 25% from the prior year's fourth quarter. On December 9, 2015, the Company released third quarter earnings that were worse than previously predicted just weeks earlier.

If you suffered a loss in Tailored Brands you have until May 31, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT: 
    Levi & Korsinsky, LLP
    Joseph E. Levi, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004 
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171
    www.zlk.com