A class action has been commenced in the United States District Court for the Southern District of Ohio on behalf of all persons or entities who purchased shares of Thor Industries, Inc. (NYSE: THO) common stock between November 30, 2009 and June 10, 2010 inclusive (the "Class Period"). On June 10, 2010 Thor issued a press release in which it announced that it was delaying the release of the Company's 10-Q due to their evaluation of certain accounting positions previously taken in its audited financial statements. If the Company is required to change its accounting for these items, there could be material adverse changes to Thor's results of operations and financial condition for fiscal 2009 and for the first three quarters of fiscal 2010. The price of Thor common stock was trading at $28.39 per share prior to the release of the news, and traded as low as $20.74 per share after the news was revealed -- a precipitous decline of approximately 27%.
If you are a current shareholder and purchased between November 30, 2009 and June 10, 2010 and would like to discuss your options of exercising your rights as a shareholder, please contact us.
Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.