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]. Group 1: Lawsuit Details - The lawsuit claims that Capri Holdings and Tapestry made false statements regarding the accessible luxury handbag market, asserting it is a distinct market within the overall handbag market [1]. - 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 [1]. - 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 [1]. - The lawsuit argues 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 [1]. - As a result of these actions, the risk of regulatory actions or the acquisition being blocked was higher than what was represented by the defendants [1]. 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 [2]. - 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 [2]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [3]. - 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 [3].

Capri Holdings Ltd CPRI received an upgrade from BMO Capital Markets, with analyst Simeon Siegel raising the stock to Outperform and increasing the price target from $25 to $31, citing opportunities to improve sentiment, margins, and debt management.While sentiment for the stock has turned "too negative," the pressure on the company's sales, margins, and debt may turn “less bad,” according to Siegel.The Capri Holdings Thesis: There are no signs of strength or inflection, but negative sentiment offers "downs ...

LOS ANGELES, Jan. 6, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Capri Holdings Limited ("Capri" or "the Company") (NYSE: CPRI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 10, 2023, and October 24, 2024, inclusive (the "Class Period"), ...

NEW YORK, Jan. 6, 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=120463&from=4CLASS PERIOD: August 10, 2023 to ...

NEW YORK, Jan. 05, 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. 3, 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- ...

NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Capri Holdings Limited (“Capri” or the “Company”) (NYSE:CPRI) in the United States District Court for the District of Delaware on behalf of all persons and entities who purchased or otherwise acquired Capri securities between August 10, 2023 and October 24, 2024, both dates inclusive (the “Class Period”). Investors have unt ...

ATLANTA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Capri Holdings Limited (“Capri” or the “Company”) (NYSE: CPRI). The lawsuit alleges that Defendants made materially false and/or misleading statements, and/or failed to disclose material adverse facts, including allegations that: (a) the accessible luxury handbag market is a distinct and well-defined market within the overall handbag market and understood as such by the Individual Defendants, as well as by o ...

NEW ORLEANS, Dec. 27, 2024 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind 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), if they purchased the Company's shares and/or sold Capri puts between August 10, 2023 and October 24, 2024, inclusive (the "Class Period").  This action is pending in the ...

BOSTON, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Block & Leviton announces that a securities fraud lawsuit has been filed against Capri Holdings Ltd. (NYSE: CPRI) and certain of its executives. Investors who have lost money in their Capri Holdings Ltd. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cpri.  What is this all about? On August 10, 2023, Capri and Tapestry jointly announced their entry into a merger agree ...