New Orleans, LA
Kahn Swick & Foti, LLC Reminds Investors of Upcoming Deadline in Securities Class Action Lawsuit Against Capri Holdings Limited
February 17, 2025
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., are reminding investors that they have until February 21, 2025 to file lead plaintiff applications in a securities class action lawsuit against Capri Holdings Limited (the “Company”) (NYSE:CPRI). This reminder is for those who purchased the Company’s shares and/or sold Capri puts between August 10, 2023 and October 24, 2024, inclusive (the “Class Period”).
The securities class action lawsuit alleges that the Company made false and misleading statements and/or failed to disclose information regarding its business practices, financial condition, and prospects. As a result, the Company’s stock price was artificially inflated during the Class Period.
If you believe that you may have been affected by the alleged misconduct of Capri Holdings Limited, it is important to act quickly and potentially seek to become a lead plaintiff in the securities class action lawsuit. The deadline to file lead plaintiff applications is approaching, so it is crucial to take action before the February 21, 2025 deadline.
For more information on how to participate in the securities class action lawsuit against Capri Holdings Limited, please contact Kahn Swick & Foti, LLC or visit their website for additional details.
How This Will Affect You
As an investor who purchased the Company’s shares and/or sold Capri puts during the Class Period, you may be eligible to participate in the securities class action lawsuit as a lead plaintiff. By taking action and filing a lead plaintiff application before the deadline, you may have the opportunity to seek compensation for any losses incurred as a result of the alleged misconduct by Capri Holdings Limited.
How This Will Affect the World
The outcome of the securities class action lawsuit against Capri Holdings Limited could have broader implications for the financial industry and investors worldwide. If it is determined that the Company engaged in fraudulent activities or misled investors, it may lead to increased scrutiny and regulations to prevent similar misconduct in the future. This case could also serve as a reminder of the importance of transparency and accountability in the financial markets.
Conclusion
As the deadline to file lead plaintiff applications in the securities class action lawsuit against Capri Holdings Limited approaches, it is essential for investors to take action if they believe they have been affected by the alleged misconduct of the Company. By seeking to become a lead plaintiff, investors may have the opportunity to recover losses and hold Capri Holdings Limited accountable for any false or misleading statements made during the Class Period.
