EQUITY ALERT: The Rosen Law Firm Announces Investigation of Securities Fraud Claims Against Potbelly Corp. - PBPB

NEW YORK--(BUSINESS WIRE)--

The Rosen Law Firm, P.A. announces that it is investigating potential securities fraud claims against Potbelly Corp. PBPB resulting from allegations that the Company may have made false and misleading disclosures concerning its business and financial condition.

On October 4, 2013 Potbelly Stock opened for trading at $28.66. The Company sold 7.5 million shares of stock in its initial public offering, raising $105 million in new capital. However, since the IPO the Company lowered its second quarter guidance and its stock has imploded, falling from its high of $33.90 on October 8, 2013 to close at $10.97 on July 10, 2014. This followed a series of negative announcements regarding the Company's performance, business prospects and operations.

The Rosen Law Firm is preparing a class action lawsuit on behalf of Potbelly investors. If you purchased Potbelly securities you may visit the website at http://rosenlegal.com to join the action. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

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

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