An investigation on behalf of investors of Weight Watchers International, Inc. (NASDAQ: WTW) shares over potential securities laws violations by Weight Watchers International, 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 Weight Watchers International, Inc. (NASDAQ: WTW) concerning whether a series of statements by Weight Watchers International, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

New York based Weight Watchers International, Inc. provides weight management services worldwide. Weight Watchers International, Inc reported that its annual Total Revenue rose from over $1.16 billion in 2016 to over $1.3 billion in 2017 and that its Net Income increased from $67.69 million in 2016 to $163.51 million in 2017. Shares of Weight Watchers International, Inc. (NASDAQ: WTW) reached as high as $105.73 per share ion June 2018.

On November 1, 2018, Weight Watchers International, Inc announced its financial results for the third quarter of fiscal 2018, which were below analyst expectations.

Shares of Weight Watchers International, Inc. (NASDAQ: WTW) declined to as low as $47.41 per share on November 8, 2018.