INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Signet Jewelers Limited and Reminds Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / September 30, 2016 / Lundin Law PC (the “Firm”) announces a class action lawsuit has been filed against Signet Jewelers Limited (“Signet” or the “Company”) (NYSE: SIG) concerning possible violations of federal securities laws between January 7, 2016 and June 3, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm before the October 24, 2016 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.
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 choose to do nothing and be an absent class member.
According to the complaint, Signet made false and/or misleading statements and/or failed to disclose: that the Company was having difficulty ensuring the safety of customers’ jewelry while in the custody of Signet’s brands; that employees at stores under at least one of Signet’s brands (Kay) were swapping customers’ stones for less valuable stones; that the Company was experiencing a loss in customer confidence; that the Company was facing increasing competitive pressures; that Signet’s financial performance was being negatively impacted; and that as a result of the above, the Company’s statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. When this information emerged to the public, Signet’s stock price fell, causing investors harm.
Lundin Law PC was founded by Brian Lundin, 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 ethical rules.
Contact:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
SOURCE: Lundin Law PC
ReleaseID: 446323