SIGNET SHAREHOLDER ALERT By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess...
September 23 2016 - 10:07PM
Business Wire
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former
Attorney General of Louisiana, Charles C. Foti, Jr., remind
investors that they have until October 24, 2016 to file lead
plaintiff applications in a securities class action lawsuit against
Signet Jewelers Limited (NYSE: SIG), if they purchased the
Company’s securities between January 7, 2016 and June 3, 2016,
inclusive (the “Class Period”). This action is pending in the
United States District Court for the Southern District of New
York.
What You May Do
If you purchased shares of Signet and would like to discuss your
legal rights and how this case might affect you and your right to
recover for your economic loss, you may, without obligation or cost
to you, call toll-free at 1-877-515-1850 or email KSF Managing
Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve
as a lead plaintiff in this class action, you must petition the
Court by October 24, 2016.
About the Lawsuit
Signet and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
The alleged false and misleading statements and omissions
include, but are not limited to, that: (i) Signet was experiencing
difficulty ensuring the safety of customers’ jewelry while in the
custody of the Company’s brands; (ii) Signet’s employees at stores
under at least one brand, Kay, were swapping customers’ stones for
less valuable stones; (iii) Signet was experiencing a decrease in
customer confidence; (iv) Signet had increasing competitive
pressures; and (v) as a result, Signet’s financial performance was
being negatively impacted.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney
General Charles C. Foti, Jr., is a law firm focused on securities,
antitrust and consumer class actions, along with merger &
acquisition and breach of fiduciary litigation against publicly
traded companies on behalf of shareholders. The firm has offices in
New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160923005027/en/
Kahn Swick & Foti, LLCLewis Kahn, 1-877-515-1850Managing
Partnerlewis.kahn@ksfcounsel.com
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