Federman & Sherwood Investigates Performance Sports Group Ltd. for Possible Violations of Federal Securities Laws
Oklahoma City, OK (May 26, 2016) – The law firm of Federman & Sherwood has initiated an investigation into Performance Sports Group Ltd. [NYSE: PSG] with respect to possible violations of federal securities laws.
Performance Sports Group Ltd. (“Performance”), together with its subsidiaries, designs, manufactures and distributes performance sports equipment, related apparel and accessories for various sports and is headquartered in Exeter, New Hampshire. Federman & Sherwood’s investigation focuses on whether it issued false and misleading statements and/or failed to disclose that: (1) Sports Authority's fiscal troubles would impact Performance Sports Group's financial performance; (2) the baseball and softball markets were weakening; (3) the merging of Performance Sports Group's U.S. Hockey customers would create a lesser demand for hockey equipment; and (4) consequentially, defendants' statements about Performance Sports Group's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you currently own common stock in Performance Sports Group, Ltd., have any information to assist in our investigation, or have questions or concerns regarding this notice or your rights or interests in this matter, please click here to download and complete our Certification of Investment or you may contact William B. Federman with any questions you may have regarding this investigation. Federman & Sherwood has extensive nationwide experience in representing investors in securities, derivative and merger-related shareholder class actions, and has been appointed as lead counsel in multiple complex cases across the country.
Posted on Thu, May 26, 2016
by Robin Hester filed under