IMPORTANT DICK'S SPORTING GOODS, INC. INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Dick’s S

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NEW YORK, May 19, 2017 (GLOBE NEWSWIRE) -- announces that a class action lawsuit has been filed against Dick’s Sporting Goods, Inc. (“Dick’s Sporting Goods”  or the  “Company”) (NYSE:DKS) in  the United  States District Court for  the Southern District  of New  York on behalf  of a  class consisting of persons or entities who acquired Dick’s Sporting Goods stock  on the open market  from March 7, 2017 to May  15, 2017,  inclusive (the  “Class Period”).

The  filed Complaint  alleges  that   Defendants  issued  materially  false   and/or  misleading statements  and/or failed  to disclose  that:

On May 12, 2017, Dick’s Sporting Goods filed a Form 8-K/A with the Securities and Exchange Commission (SEC) disclosing that 

Then on May 16, 2017, Dick’s Sporting Goods announced that sales at its existing stores in the first quarter of 2016 had fallen short of forecasts and advised investors that the Company  planned to scale back new store openings in 2018 and 2019.

On this news, Dick’s Sporting Goods share price fell from $47.57 per share on May 15, 2017 to a closing price of $41.04 on May 16, 2017.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact by telephone at (800) 575-0735, via e-mail at , or visit our website at

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Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, kcooper@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774

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Globe Newswire: 21:54 GMT Friday 19th May 2017

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