June 1 Deadline Alert: Glancy Prongay & Murray LLP Reminds Quiksilver, Inc. Investors of Upcoming Deadline

LOS ANGELES--(BUSINESS WIRE)--

Glancy Prongay & Murray LLP reminds investors of the looming June 1, 2015 deadline in the class action lawsuit 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 shares are encouraged to contact the firm to discuss their legal rights.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's internal controls and financial reporting; and as a result the Company's financial statements were materially false and misleading at all relevant times.

During the period between March 4, 2015 and March 27, 2015, the Company revealed that it would delay its first quarter earnings report due to its audit committee investigation of a "revenue cut-off issue;" that its internal control over financial reporting were not effective as of October 31, 2014; that the Company's Chairman and CEO, Andrew P. Mooney was removed from his post, and that Chief Financial Officer, Richard Shields, abruptly resigned. On this news, shares of Quiksilver sharply declined thereby damaging investors.

If you are a member of the Class described above, you may move the Court no later than June 1, 2015 to be appointed as a lead plaintiff. Please contact Lesley Portnoy, of Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email 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.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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