NEW YORK, Aug. 26, 2016 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies
investors that a class action lawsuit has been against Signet
Jewelers Limited ("Signet Jewelers" or the "Company") (NYSE: SIG)
and certain of its officers. The class action is on behalf of
a class consisting of all persons or entities who purchased Signet
Jewelers securities between January 7,
2016 and June 3, 2016,
inclusive (the "Class Period").
This class action seeks to recover damages against Defendants
for alleged violations of the federal securities laws under the
Securities Exchange Act of 1934 (the "Exchange Act").
The Complaint alleges that throughout the Class Period,
Defendants made false and/or misleading statements and/or failed to
disclose that: (1) Signet Jewelers was experiencing difficulty
ensuring the safety of customers' jewelry while in the custody of
Signet's brands; (2) Signet Jewelers' employees at stores under at
least one of Signet's brands (Kay) were swapping customers' stones
for less valuable stones; (3) Signet Jewelers was experiencing a
decrease in customer confidence; (4) Signet Jewelers had increasing
competitive pressures; (5) consequently, the Company's financial
performance was being negatively impacted; and (6) therefore,
Defendants' positive statements about Signet Jeweler's business,
operations, and prospects, were false and misleading and/or lacked
a reasonable basis.
A class action lawsuit has already been filed. If you wish to
review a copy of the Complaint you can visit the firm's site:
http://www.bgandg.com/sig or you may contact Peretz Bronstein, Esq. or his Investor Relations
Analyst, Yael Hurwitz of Bronstein,
Gewirtz & Grossman, LLC at 212-697-6484 or via email
info@bgandg.com. Those who inquire by e-mail are encouraged to
include their mailing address and telephone number. If you
suffered a loss in Signet Jewelers you have until October 24, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC