The Law Firm of Wohl & Fruchter LLP Announces Investigation of Mattel, Inc.
18 Julho 2013 - 11:00AM
Business Wire
The law firm of Wohl & Fruchter LLP is investigating
possible violations of federal securities laws by officers and
directors of Mattel, Inc. (Mattel) (NASDAQ: MAT).
On July 17, 2013, Mattel announced weaker-than-expected profit
in its second quarter 2013 results. Among the highlights was a 12%
decline in worldwide gross sales of Mattel’s flagship Barbie® doll
brand.
Upon the news, MAT shares declined $3.17/share, or 6.8%, to
close at $43.16/share on July 17, 2013.
Wohl & Fruchter’s investigation concerns whether Mattel
management concealed from investors, among other things, the extent
to which sales of its other doll brands have been cannibalizing
sales of its Barbie doll line.
Persons with relevant information, and MAT shareholders with
questions about this investigation, are invited to contact the
attorney below, or our Firm by calling 866.833.6245.
Additional information is available on our website at:
http://www.wohlfruchter.com/cases/mat.
About Wohl & Fruchter
Wohl & Fruchter LLP represents plaintiffs in litigation
arising from fraud and other fiduciary breaches by corporate
managers, as well as other complex litigation matters. Please visit
our website, www.wohlfruchter.com, to learn more about our Firm, or
contact one of our partners.
This release may be deemed to constitute attorney
advertising.
Contact:
J. Elazar Fruchter (jfruchter@wohlfruchter.com)845.425.4658 or
Toll Free 866.833.6245Wohl & Fruchter LLP570 Lexington
AvenueNew York, NY 10022www.wohlfruchter.com
Wohl & Fruchter LLPJ. Elazar Fruchter, 845-425-4658Toll Free
866-833-6245jfruchter@wohlfruchter.comwww.wohlfruchter.com
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