Glancy Prongay & Murray LLP Advises Quiksilver, Inc. Investors Of The June 1, 2015 Lead Plaintiff Deadline

LOS ANGELES--(BUSINESS WIRE)--

Glancy Prongay & Murray LLP reminds investors of the June 1, 2015 deadline by which to file a lead plaintiff motion in the class action pending in the United States District Court for the Central District of California on behalf of a class (the "Class") comprising purchasers of the securities of Quiksilver, Inc. ("Quiksilver" or the "Company") ZQK between June 6, 2014 and March 26, 2015, inclusive (the "Class Period"). Investors who purchased Quiksilver securities during the Class Period are encouraged to contact Lesley Portnoy, at (310) 201-9150, or by e-mail to shareholders@glancylaw.com, to discuss this matter.

Between March 4, 2015 and March 27, 2015 the Company revealed several significant issues concerning the Company's operations and future prospects. Specifically, the Company disclosed that: 1) Quiksilver would delay its first quarter earnings report due to its audit committee investigation of a "revenue cut-off issue"; 2) Quiksilver's internal control over financial reporting were not effective as of October 31, 2014; 3) the Company's Chairman and CEO, Andrew P. Mooney was removed from his post; and, 4) the Company's Chief Financial Officer, Richard Shields, abruptly resigned. On this news, shares of Quiksilver sharply declined thereby damaging investors.

The lawsuit seeks to recover damages caused by the sharp decline in the Company's stock price following the disclosure of these material issues with Quiksilver, its accounting practices, operations and management. Specifically, the complaint alleges that the Company lacked adequate internal controls and accounting practices, and misled investors through its public disclosures and financial reporting during the Class Period.

To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 201-9150, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

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