NasdaqGS:FIVESpecialty Retail
Five Below (FIVE) Now Has Two Class Action Lawsuits Advancing In Federal Court
Five Below (NasdaqGS:FIVE) is facing two federal class action lawsuits that have recently advanced, one focused on consumers and one on investors.
The consumer case alleges Five Below kept tariff refund savings that plaintiffs say should have flowed through to shoppers, and seeks nationwide class status.
A separate investor lawsuit accuses the company and certain executives of misleading shareholders about growth potential and inventory control, and has now been certified as a class...