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Robbins Arroyo LLP Is Investigating the Officers and Directors of Hibbett Sports, Inc. (HIBB) on Behalf of Shareholders
[July 16, 2019]

Robbins Arroyo LLP Is Investigating the Officers and Directors of Hibbett Sports, Inc. (HIBB) on Behalf of Shareholders


Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Hibbett Sports, Inc. (NASDAQ: HIBB) violated federal securities law. Hibbett Sports engages in the retail of athletic-inspired fashion products through its stores.

View this press release on the firm's Shareholder Rights Blog:
https://www.robbinsarroyo.com/hibbett-sports-inc/

Hibbett Sports Fails to File its Form 10-Q on Time

On June 14, 2019, after the markets closed, Hibbett Spots filed a "Notice of Late Filing" with the SEC (News - Alert), stating that it was unable to file its Quarterly Report on Form 10-Q within the necessary time period due to its recent adoption of the Financial Accounting Standards Board's Accounting Standards Update (ASU) 2016-02, Topic 842, Leases, which necessitated further review of its financial statements. On this news, shares of Hibbett Sports fell $2.13, or nearly 9.67%, to close at $19.89 on June 17, 2019.



Hibbett Sports Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm's website.


Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Sign up for our FREE portfolio monitoring service, Stock Watch.

Attorney Advertising. Past results do not guarantee a similar outcome.


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