Shareholders that Lost Money on Capri Holdings Limited (CPRI) Should Contact Levi & Korsinsky About Pending Class Action - CPRI ...

NEW YORK, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Capri Holdings Limited (NYSE: CPRI), Tapestry, Inc., and certain of Capri and Tapestry’s senior executives for potential violations of the federal securities laws. If you invested in Capri, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/capri-holdings-limited. Investors have until February 21, 2025, to ...

NEW YORK, Jan. 17, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Capri Holdings Limited ("Capri Holdings" or the "Company") (NYSE: CPRI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Capri Holdings investors who were adversely affected by alleged securities fraud between August 10, 2023 and October 24, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/capri-holdings ...

CPRI COURT NEWS: Capri Holdings Limited Sued for Securities Fraud - Investors that Lost Money are Urged to Contact BFA Law before February 21 Deadline ...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Capri Holdings Limited of Class Action Lawsuit and Upcoming Deadlines - CPRI ...

Core Viewpoint - A class action securities lawsuit has been filed against Capri Holdings Limited, alleging securities fraud that affected investors between August 10, 2023, and October 24, 2024 [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that the defendants made false statements regarding the accessible luxury handbag market, asserting it is a distinct market within the overall handbag market [2]. - It is alleged that Capri and Tapestry maintained separate production facilities and supply chains for their accessible luxury handbags, differentiating them from luxury and mass market handbags [2]. - The complaint states that Capri and Tapestry viewed Coach and Michael Kors as their closest competitors, while not considering their brands in direct competition with luxury or mass market handbags [2]. - The lawsuit suggests that a primary reason for the acquisition of Capri by Tapestry was to consolidate brands within the accessible luxury handbag market, aiming to reduce competition and increase prices [2]. - As a result of these factors, the risk of regulatory actions or the acquisition being blocked was higher than what was represented by the defendants [2]. Group 2: Next Steps for Investors - Investors who suffered losses in Capri Holdings during the specified timeframe have until February 21, 2025, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has a strong track record in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Shareholders of Capri Holdings Limited Should Contact Levi & Korsinsky Before February 21, 2025 to Discuss Your Rights - CPRI ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Capri Holdings Limited regarding a class action lawsuit alleging misleading statements and omissions related to the accessible luxury handbag market and the acquisition by Tapestry [1][2]. Group 1: Allegations - The complaint claims that during the class period from August 10, 2023, to October 24, 2024, defendants made materially false and misleading statements about the accessible luxury handbag market being distinct from other markets [2]. - It is alleged that Capri and Tapestry maintained separate production facilities and supply chains for their accessible luxury handbags, confirming the market's distinct nature [2]. - The complaint states that Capri and Tapestry viewed Coach and Michael Kors as their closest competitors, while not considering their brands in direct competition with luxury or mass market handbags [2]. - A key internal rationale for the acquisition of Capri by Tapestry was to consolidate brands within the accessible luxury handbag market to reduce competition and increase prices [2]. - The risk of regulatory actions or the acquisition being blocked was reportedly higher than what was represented by the defendants [2]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of Capri during the specified class period are encouraged to register for the class action by February 21, 2025, to potentially become lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered due to deceit and illegal business practices, ensuring companies adhere to responsible business practices [4].

Core Viewpoint - The document indicates that there will be exciting changes coming soon, but specific details are not available at this time [1] Summary by Relevant Categories - Company Changes - The company is expected to announce significant updates in the near future, although no specific information is provided at this moment [1]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Capri To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in Capri between August 10, 2023 and October 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Jan. 15, 2025 /PRNewswire/ ...