Glancy Prongay & Murray LLP (“GPM”), a national investor rights law firm, continues its investigation on behalf of Columbia Sportswear Company investors concerning the Company’s possible violations of the federal securities laws.
If you suffered a loss on your Columbia Sportswear investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/columbia-sportswear-company/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at email@example.com to learn more about your rights.
On October 29, 2020, Columbia Sportswear announced its third quarter 2020 financial results in a press release. Therein, the Company stated that net sales declined 23% year-over-year partly due to “approximately $45 million of Fall 2020 shipments shifting into fourth quarter 2020.”
On this news, the Company’s share price fell $21.68, or 23%, to close at $74.59 per share on October 30, 2020.
Whistleblower Notice: Persons with non-public information regarding Columbia Sportswear should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email firstname.lastname@example.org.