NEW YORK, Jan. 27, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Capri Holdings Limited (NYSE: CPRI).Shareholders who purchased shares of CPRI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/capri-holdings-loss-submission-form/?id=124873&from=4CLASS PERIOD: August 10, 2023 t ...

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 internal competition perception between Coach and Michael Kors was highlighted, indicating that Capri and Tapestry did not view their brands as direct competitors to luxury or mass market handbags [2]. - The acquisition of Capri by Tapestry was primarily aimed at consolidating brands within the accessible luxury handbag market to reduce competition and increase profit margins [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 CPRI during the specified timeframe are encouraged to register for the class action by February 21, 2025, to potentially become lead plaintiffs [3]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [3]. - Participation in the case incurs no cost or obligation for the shareholders [3]. Group 3: Law Firm Background - The Gross Law Firm is recognized nationally for class action lawsuits and aims to protect investors from deceit and illegal business practices [4]. - The firm is committed to ensuring companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].

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].

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Capri Holdings Limited ("Capri" or the "Company") (NYSE: CPRI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Capri and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On August 10, 2023, Capri ...

Core Viewpoint - Capri Holdings Limited is under scrutiny as investors are reminded to contact the firm regarding potential concerns and actions related to their investments [1] Group 1 - The alert emphasizes the importance of investors reaching out to Bronstein, Gewirtz and Grossman, LLC for assistance [1] - The firm is actively monitoring developments related to Capri Holdings Limited and encourages investors to stay informed [1] - The communication aims to ensure that investors are aware of their rights and options regarding their investments in Capri Holdings Limited [1]

Core Viewpoint - Investors in Capri Holdings Limited are encouraged to contact Levi & Korsinsky before February 21, 2025, to discuss their rights regarding potential legal actions [1] Group 1 - The deadline for investors to reach out is set for February 21, 2025 [1] - The communication is aimed at discussing rights related to potential legal claims against Capri Holdings Limited [1]

Group 1 - The article highlights the approaching deadline for a class action lawsuit against Capri Holdings, set for February 21 [1] - Investors who have suffered losses related to Capri Holdings are encouraged to contact BFA Law for assistance [1] - The article emphasizes the importance of the deadline for affected investors to take action [1]

Core Viewpoint - The article emphasizes the importance for Capri Holdings Limited investors to seek legal counsel before a critical deadline related to a securities class action lawsuit [1] Group 1 - Capri Holdings Limited is facing a securities class action lawsuit, prompting the need for investors to act quickly [1] - The deadline for investors to secure counsel is approaching, highlighting the urgency of the situation [1] - The article encourages investors to understand their rights and the implications of the lawsuit [1]

Group 1 - The article discusses a class action lawsuit opportunity for stockholders of Capri Holdings Limited [1] - The law firm Bronstein, Gewirtz and Grossman, LLC is reaching out to potential plaintiffs to lead the lawsuit [1] - The focus is on stockholders who purchased Capri Holdings securities during a specific period [1]

Core Viewpoint - Capri Holdings is facing a class action lawsuit following a significant stock price drop of 50%, prompting investors with losses to contact BFA Law before the February 21 deadline for filing claims [1] Group 1: Company Overview - Capri Holdings' stock has experienced a drastic decline, losing 50% of its value, which has raised concerns among investors [1] - The lawsuit indicates potential issues within the company that may have contributed to the stock's poor performance [1] Group 2: Investor Implications - Investors who have suffered losses are encouraged to take action by contacting BFA Law to explore their options for joining the class action [1] - The deadline for investors to file claims is set for February 21, highlighting the urgency for affected parties [1]