zulily, Inc. Investors Encouraged to Contact Securities Law Firm about Investigation into Allegations of Corporate Wrongdoing

NEW YORK, Feb. 18, 2015 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating allegations for zulily, Inc. shareholders ZU. Concerned ZU investors who purchased between May 7, 2014 and February 11, 2015 are encouraged to contact securities attorney Hamilton Lindley by clicking here.

We are investigating zulily, Inc. for federal securities laws violations. Our investigation will focus on zulily's February 11, 2015 announcement of financial results for its fourth quarter and full fiscal year ended December 28, 2014. zulily reported fourth quarter revenues of $391.3 million, which missed analysts' estimates of $406.5 million, and adjusted fourth quarter earnings-per-share of $0.11 compared to estimates of $0.14.  zulily attributed these disappointing sales to higher than expected customer churn among new clients. In addition, zulily announced on February 13, 2015 that its CFO would no longer be serving in that capacity. On February 12, 2015, following this news, shares fell approximately 27%. The law firm's potential shareholder lawsuit will seek to ensure that zulily, Inc. works to enrich shareholders, not just the management.

Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. ZU stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at hlindley@dunnamlaw.com with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/ZU.

Dunnam & Dunnam also practices personal injury law including Waco car accidents and Waco truck accidents.

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SOURCE Dunnam & Dunnam