Company Website:
http://www.ksfcounsel.com
NEW ORLEANS -- (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 May 29, 2017 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 August 29, 2013
and February 27, 2017, inclusive (the “Class Period”). This action is
pending in the United States District Court for the Northern District of
Texas.
What You May Do
If you purchased securities 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 May 29, 2017.
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.
On February 27, 2017, The Washington Post reported widespread
claims of sexual harassment and discrimination by approximately 250
former employees of Signet’s Sterling Family of Jewelers division
against Company management and executives, including Signet’s current
CEO, Mark Light. The details of the claims originated from a private
arbitration proceeding in June 2013, but had remained under seal until
February 26, 2017. The report further detailed that the arbitration
encompassed a certified class of 69,000 women who are current or former
employees of the Company.
On this news, the price of Signet’s shares plummeted.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170428006082/en/
Contacts:
Kahn Swick & Foti, LLC
Lewis Kahn, 1-877-515-1850
Managing
Partner
lewis.kahn@ksfcounsel.com
Source: Kahn Swick & Foti, LLC
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