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JULY 5 DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Signet Jewelers Limited and Encourages Investors with Losses Exceeding $100,000 to Contact the Firm
Friday, June 30, 2017 11:57 PM
LOS ANGELES, CA / ACCESSWIRE / June 30, 2017 / Lundin Law PC , a shareholder rights firm, announces a class action lawsuit against Signet Jewelers Limited ("Signet" or the "Company") (NYSE: SIG) regarding violations of federal securities laws from August 29, 2013 through February 27, 2017 inclusive (the "Class Period"). Investors who purchased or otherwise acquired Signet shares during the Class Period should contact the firm prior to new July 5, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at [email protected].
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also do nothing and be an absent class member.
According to the Complaint, throughout the Class Period, Signet issued false and misleading statements and/or failed to disclose that alleged sexual harassment by employees of Signet's Sterling Family of Jewelers division ("Sterling"), including numerous incidents of sexual assault and rape which were detailed in approximately 249 declarations signed under penalty of perjury by current and past Sterling employees, made it unlikely that Signet would be able to avoid paying a sizable amount of damages in connection with a class action lawsuit filed by Sterling employees. Signet's stock traded at artificially inflated prices during the Class Period as a result of this information being withheld from the market. On February 27, 2017, The Washington Post reported on widespread allegations of sexual harassment made in the private arbitration that implicated the Company's senior managers and executives. When this information was revealed to the public, Signet's share price fell materially, which harmed investors according to the Complaint.
Lundin Law PC was founded by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and rules of ethics.
Lundin Law PC
Brian Lundin, Esq.
SOURCE: Lundin Law PC