In re Urban Outfitters, Inc. Securities Litigation
District Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM
RESTREPO, District Judge.
Lead Plaintiff, David A. Schwartz (“Plaintiff’), brings this class action, on behalf of himself and all persons or entities who purchased or acquired shares in Urban Outfitters, Inc. (“Urban”) between March 12, 2013 and September 9, 2013 (“Class Period”), against defendants Richard A. Hayne, Frank J. Conforti, and Ted-ford G. Marlow (“Individual Defendants”) and Urban. Plaintiff alleges that, during the Class Period, defendants engaged in a fraudulent scheme to artificially inflate the stock price by misrepresenting and concealing information related to…
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