Stein Mart statements investigated

Jacksonville, Fla. - Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Stein Mart Inc. The investigation focuses on whether Stein Mart and/or certain of its officers complied with the federal securities laws when making statements to investors.

On August 22, 2013 shares of Stein Mart fell 4.3% after the company reported in a regulatory filing that the SEC is conducting an investigation. The investigation is related to the company's restatement of prior years' financial statements and its change in its auditors.

 

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