November 17, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Party City Holdco Inc (NYSE:PRTY) shares over potential securities laws violations by Party City Holdco and certain of its directors and officers in connection certain financial statements was announced.

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

Party City Holdco Inc reported that annual Total Revenue rose from over $1.91 billion in 2012 to over $2.27 billion in 2014 and that its Net Loss of $45.31 million in 2012 turned into a Net Income of $56.12 million in 2014.

On April 16, 2015, Party City Holdco Inc stock opened for trading at $20.50, the day the Company sold 21.9 million shares of stock in its initial public stock offering (the IPO), reaching a high of $20.84 per share that day.

On November 12, 2015, Party City Holdco Inc reported a loss of $44.5 million in its third quarter. Party City Chief Executive Officer James M. Harrison described Party City Holdcos retail results as 'weaker than expected.'
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Shares of Party City Holdco Inc (NYSE:PRTY) declined on November 13, 2015 to as low as $11.20 per share.