An investigation on behalf of investors of Stage Stores, Inc. (NYSE: SSI) shares over potential securities laws violations by Stage Stores, Inc. and certain of its directors and officers in connection with certain financial statements was announced.

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

Houston, TX based Stage Stores, Inc. operates specialty department stores primarily in small and mid-sized towns and communities in the United States. Stage Stores, Inc. reported that its Total Revenue rose from over $1.44 billion for the 12 months period that ended on January 28, 2017 to over $1.59 billion for the 12 months period that ended on February 3, 2018 and that its Net Loss over those respective time periods declined from $37.89 million to $37.32 million.

Shares of Stage Stores, Inc. (NYSE: SSI) declined from $22.87 per share in March 2015 to as low as $1.61 per share in late January 2018.