San Diego, CA -- (SBWIRE) -- 04/18/2016 -- An investigation on behalf of investors of Ruby Tuesday, Inc. (NYSE:RT) shares over potential securities laws violations by Ruby Tuesday in connection certain financial statements was announced.

Investors who purchased shares of Ruby Tuesday, Inc. (NYSE:RT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Ruby Tuesday, Inc. (NYSE:RT) concerning whether a series of statements by Ruby Tuesday, Inc. (NYSE:RT regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Ruby Tuesday, Inc. reported its Total Revenue declined from over $1.16 billion for the 52 weeks period that ended on June 3, 2014 to over $1.12 billion for the 52 weeks period that ended on June 2, 2015, and that its Net Loss declined from $64.35 million to $3.19 million.

On April 7, 2015, Ruby Tuesday, Inc. reported its third quarter 2016 financial results and updated its fiscal year 2016 financial outlook. The same day Ruby Tuesday, Inc. announced the the resignation of its CFO Jill Golder, effective as of April 11, 2016.

Shares of Ruby Tuesday, Inc. (NYSE:RT) declined from $8.34 per share in November 2014 to as low as $4.28 per share on April 8, 2016.

On April 14, 2016, NYSE:RT shares closed at $4.47 per share.

Those who purchased shares of Ruby Tuesday, Inc. have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com