EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Ruby Tuesday, Inc.

NEW YORK--(BUSINESS WIRE)--

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Ruby Tuesday, Inc. (NYSE: RT) resulting from allegations that Ruby Tuesday may have issued materially misleading business information to the investing public.

On April 7, 2016, Ruby Tuesday reported a wider quarterly loss and lower-than-expected sales in the fiscal third quarter and sharply cut its annual forecast. Additionally, Ruby Tuesday disclosed that its CFO Jill Golder had resigned effective April 11, 2016. On this news, shares of Ruby Tuesday fell $0.62 per share or over 11% from its previous closing price to close at $4.60 per share on April 8, 2016.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Ruby Tuesday investors. If you purchased shares of Ruby Tuesday on or before April 7, 2016, please visit the firm's website at http://www.rosenlegal.com/cases-877.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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