{"id":928808,"date":"2026-01-20T15:38:23","date_gmt":"2026-01-20T20:38:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/five-below-investigation-continued-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-five-below-inc-five\/"},"modified":"2026-01-20T15:38:23","modified_gmt":"2026-01-20T20:38:23","slug":"five-below-investigation-continued-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-five-below-inc-five","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/five-below-investigation-continued-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-five-below-inc-five\/","title":{"rendered":"Five Below Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Five Below, Inc. – FIVE"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW ORLEANS<\/span>, Jan. 20, 2026<\/span> \/PRNewswire\/ —\u00a0Former Attorney General of Louisiana, Charles C.\u00a0Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti<\/a>, LLC (“KSF”), announces that KSF continues its investigation into Five Below<\/a>, Inc. (NasdaqGS: FIVE).<\/p>\n

\n

\n
\n \"KSF
\n <\/a>\n <\/p>\n<\/p><\/div>\n

On July 16, 2024, the Company disclosed that “[c]omparable sales decreased 5.0% versus the restated and comparable period ended July 15, 2023,” and that “[a]s a result, [Five Below] now expects sales for the fiscal second quarter ending August 3, 2024 to be in the range of $820 million to $826 million and assumes an approximate 6% to 7% decrease in comparable sales,” and also announced the sudden departure of the Company’s President and CEO.<\/p>\n

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws. Recently, the court presiding over that case denied the Company’s motion to dismiss in part, allowing the case to move forward.<\/p>\n

KSF’s investigation is focusing on whether Five Below’s officers and\/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.\u00a0<\/p>\n

If you have information that would assist KSF in its investigation, or have been a long-term holder of Five Below shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-five\/<\/a> to learn more.<\/p>\n

About Kahn Swick & Foti, LLC<\/p>\n

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud<\/span> or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.<\/p>\n

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

To learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

Contact:
Kahn\u00a0Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com<\/a>
<\/u>1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163<\/p>\n

CONNECT WITH US: Facebook<\/a> || Instagram<\/a> || YouTube<\/a> || TikTok<\/a> || LinkedIn<\/a><\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/five-below-investigation-continued-kahn-swick–foti-llc-continues-to-investigate-the-officers-and-directors-of-five-below-inc—five-302665815.html<\/a><\/p>\n

SOURCE Kahn Swick & Foti, LLC<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW ORLEANS, Jan. 20, 2026 \/PRNewswire\/ —\u00a0Former Attorney General of Louisiana, Charles C.\u00a0Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Five Below, Inc. (NasdaqGS: FIVE). On July 16, 2024, the Company disclosed that “[c]omparable sales decreased 5.0% versus the restated and comparable period ended July 15, 2023,” and that “[a]s a result, [Five Below] now expects sales for the fiscal second quarter ending August 3, 2024 to be in the range of $820 million to $826 million and assumes an approximate 6% to 7% decrease in comparable sales,” and also announced the sudden departure of the Company’s President and CEO. Thereafter, the Company … <\/p>\n

Continue reading “Five Below Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Five Below, Inc. – FIVE”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-928808","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFive Below Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Five Below, Inc. - FIVE - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/five-below-investigation-continued-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-five-below-inc-five\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five Below Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Five Below, Inc. - FIVE - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW ORLEANS, Jan. 20, 2026 \/PRNewswire\/ —\u00a0Former Attorney General of Louisiana, Charles C.\u00a0Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Five Below, Inc. (NasdaqGS: FIVE). On July 16, 2024, the Company disclosed that “[c]omparable sales decreased 5.0% versus the restated and comparable period ended July 15, 2023,” and that “[a]s a result, [Five Below] now expects sales for the fiscal second quarter ending August 3, 2024 to be in the range of $820 million to $826 million and assumes an approximate 6% to 7% decrease in comparable sales,” and also announced the sudden departure of the Company’s President and CEO. 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