The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ollie’s Bargain Outlet Holdings, Inc. (“Ollie’s” or “the Company”) (NASDAQ: OLLI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ollie’s claimed on August 28, 2019, that new stores had cannibalized the sales of existing stores at a higher than normal rate, resulting in a drop of comparable-store sales.

source https://finance.yahoo.com/news/investigation-alert-schall-law-firm-230600382.html?.tsrc=rss