Pier 1 Hit With Shareholder Class Action Over Rosy Forecasts

By Cara Salvatore (August 28, 2015, 3:42 PM EDT) -- Home-furnishings retailer Pier 1 Imports Inc. was hit with a proposed class action Friday in Texas federal court by an investor who says the company withheld information from shareholders that sent the stock price tumbling when it was revealed....

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