Date: November 14, 2009
URL: =20
http://www.marketwire.com/press-release/Brower-Piven-A-Professional-Corporat=
ion-NYSE-LTD-1076661.html
Brower Piven Encourages Investors Who Have Losses in Excess of $200,000
From Investment in Limited Brands, Inc. to Inquire About the Lead
Plaintiff Position in Securities Fraud Class Action Lawsuit Before the
January 5, 2010 Lead Plaintiff Deadline
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BALTIMORE, MD--(Marketwire - November 14, 2009) - Brower Piven, A
Professional Corporation announces that a class action lawsuit has
been commenced in the United States District Court for the Southern
District of Ohio on behalf of purchasers of the common stock of
Limited Brands, Inc. ("Limited Brands" or the "Company") (NYSE: LTD)
during the period between August 22, 2007 and February 28, 2008,
inclusive (the "Class Period").
No class has yet been certified in the above action. Members of the
Class will be represented by the lead plaintiff and counsel chosen by
the lead plaintiff. If you wish to choose counsel to represent you and
the Class, you must apply to be appointed lead plaintiff no later than
January 5, 2010 and be selected by the Court. The lead plaintiff will
direct the litigation and participate in important decisions including
whether to accept a settlement and how much of a settlement to accept
for the Class in the action. The lead plaintiff will be selected from
among applicants claiming the largest loss from investment in the
Company during the Class Period. You are not required to have sold
your shares to seek damages or to serve as a Lead Plaintiff. You may
contact Brower Piven (through hoffman@browerpiven.com or 410/986-0036)
to answer any questions you may have in that regard.
The complaint accuses the defendants of violations of the Securities
Exchange Act of 1934 by virtue of the Company's failure to disclose
during the Class Period problems with a new distribution center and
related technology. According to the complaint, on February 27, 2008,
when the Company reported its issued its fourth quarter and full year
2007 earnings, it also lowered its previous guidance for 2008 and
discussed, in a conference call the following day, the problems with
getting the new distribution center up to capacity, and the value of
Limited's stock declined significantly on February 28, 2008.
If you have suffered a net loss for all transactions in Limited
Brands, Inc. common stock during the Class Period, you may obtain
additional information about this lawsuit and your ability to become
a lead plaintiff by contacting Brower Piven at
http://www.browerpiven.com , by email at hoffman@browerpiven.com, by
calling 410-986-0036, or at Brower Piven, A Professional Corporation,
The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525,
Baltimore, Maryland 21202. Attorneys at Brower Piven have combined
experience litigating securities and class action cases of over 40
years. If you choose to retain counsel, you may retain Brower Piven
without financial obligation or cost to you, or you may retain other
counsel of your choice. You need take no action at this time to be a
member of the class.
Contact
Charles J. Piven
Brower Piven, A Professional Corporation
Baltimore, Maryland
410/986-0036
Email: http://www2.marketwire.com/mw/emailprcntct?id=3D6B88D538D40779B5
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(c) 2009 MarketWire
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