HD SUPPLY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Agai

NEW ORLEANS, July 28, 2017

What You May Do

If you purchased securities of HD Supply and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit http://ksfcounsel.com/cases/nasdaq-hds to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 11, 2017.  

About the Lawsuit

HD Supply and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the 2017 operating/growth leverage guidance was not feasible (ii) the recovery of its Facilities supply was inconsistent with prior expectations; (iii) the sale of its Waterworks segment was being explored; (iv) Defendant DeAngelo knowingly sold off HD stock, resulting in over $54 million in profits; and (v) as a result of the foregoing, HD Supply's financial statements were materially false and misleading at all relevant times.