NEW
YORK, Sept. 28, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Kohl's
Corporation.
Shareholders who purchased shares of KSS during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/kohls-corporation-lawsuit-submission-form/?id=32118&from=4
CLASS PERIOD: October 20,
2020 to May 19, 2022
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) Kohl's new strategic
framework to "drive top-line growth," "expand operating margin,"
and become "the most trusted retailer of choice for the active and
casual lifestyle" (the "Strategic Plan") was not well tailored to
achieving the Company's stated goals; (ii) the defendants had
likewise overstated the Company's success in executing its
Strategic Plan; (iii) Kohl's had deficient disclosure controls and
procedures, internal control over financial reporting, and
corporate governance mechanisms; (iv) as a result, the Company's
board of directors was able to and did withhold material
information from shareholders about the state of Kohl's in the
lead-up to the Company's annual meeting; (v) all the foregoing,
once revealed, was likely to have a material negative impact on
Kohl's financial condition and reputation; and (vi) as a result,
the Company's public statements were materially false and
misleading at all relevant times.
DEADLINE: November 1, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/kohls-corporation-lawsuit-submission-form/?id=32118&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of KSS during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is November 1, 2022. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm