IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Signet Jewelers Limited & Encourage...
August 26 2016 - 10:40AM
Business Wire
Lundin Law PC (the “Firm”) announces a class action lawsuit has
been filed against Signet Jewelers Limited ("Signet" or the
"Company") (NYSE: SIG) concerning possible violations of federal
securities laws between January 7, 2016 and June 3, 2016 (the
“Class Period”). Investors who purchased or otherwise acquired
shares during the Class Period should contact the Firm in advance
of the October 24, 2016 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esquire, of Lundin Law PC, at
888-713-1033, or e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
The complaint alleges that during the Class Period, Signet made
false and/or misleading statements and/or failed to disclose: that
the Company was having difficulty ensuring the safety of customers’
jewelry while in the custody of Signet’s brands; that employees at
stores under at least one of Signet’s brands (Kay) were swapping
customers’ stones for less valuable stones; that the Company was
experiencing a decrease in customer confidence; that the Company
was facing increasing competitive pressures; that Signet’s
financial performance was being negatively impacted; and that as a
result of the above, the Company’s statements about its business,
operations, and prospects, were false and misleading and/or lacked
a reasonable basis. When this information was disclosed, shares of
Signet decreased in value.
Lundin Law PC was founded by Brian Lundin, a securities
litigator based in Los Angeles dedicated to upholding shareholders’
rights.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160826005397/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/
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