A class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of purchasers of the common stock of Urban Outfitters, Inc. (NASDAQ: URBN) during the period between November 15, 2010 and March 7, 2011, inclusive (the "Class Period"). The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the Company's failure to disclose during the Class Period that the Company was not managing an emerging shift in fashion trends due to the Company's inventories increasing materially more than sales and that sales at the Company's Urban Outfitters store and Anthropologie division were materially declining due to lack of customer demand, especially for women's apparel that forced the Company to mark down the price of inventory which materially adversely affected the Company's margins and financial results for the quarter ended January 31, 2011. According to the complaint, after, on March 7, 2011, the Company disclosed financial results for the quarter ended January 31, 2011, including lower than expected earnings, a material decline in gross profit margins primarily due to increased merchandise markdowns to clear seasonal inventory associated with changing women's apparel fashion trends, and a significant increase in inventories, the value of Urban Outfitters shares declined significantly.

If you are a current shareholder and purchased during the period November 15, 2010 and March 7, 2011 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.