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The Gross Law Firm Reminds Lululemon Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 7, 2024 - LULU
Prnewswire· 2024-09-26 09:45
NEW YORK, Sept. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lululemon Athletica Inc. (NASDAQ: LULU).Shareholders who purchased shares of LULU 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/lululemon-athletica-inc-loss-submission-form/?id=105039&from=4CLASS PERIOD: Dec ...
Shareholders that lost money on Lululemon Athletica Inc. (LULU) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
GlobeNewswire News Room· 2024-09-24 17:08
NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lululemon Athletica Inc. (NASDAQ: LULU). Shareholders who purchased shares of LULU 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/lululemon-athletica-inc-loss-submission-form/?id=104528&from=3 CLASS PER ...
Lululemon: 29% Upside Potential Despite Growth Deceleration
Seeking Alpha· 2024-09-24 12:28
Davide Zappa uses a fundamental approach based on industry-level data to value growth stocks. Davide is also the founder of BlackNote Investment, an equity research platform providing free access to industry-level data such as industry growth rates, equity risk premiums, country growth rates, industry beta, as well as detailed industry reports, to support retail investors and professional analysts in their daily activities.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in an ...
ROSEN, NATIONAL TRIAL LAWYERS, Encourages lululemon athletica inc. Investors to Secure Counsel Before Important October 7 Deadline in Securities Class Action – LULU
GlobeNewswire News Room· 2024-09-23 23:43
NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of lululemon athletica inc. (NASDAQ: LULU) between December 7, 2023 and July 24, 2024, both dates inclusive (the “Class Period”), of the important October 7, 2024 lead plaintiff deadline. SO WHAT: If you purchased lululemon securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arran ...
LULU Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against lululemon athletica inc.
GlobeNewswire News Room· 2024-09-23 00:00
RADNOR, Pa., Sept. 22, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against lululemon athletica inc. (“lululemon”) (NASDAQ: LULU) on behalf of investors who purchased or otherwise acquired lululemon securities between December 7, 2023 and July 24, 2024, inclusive (the “Class Period”). The case is assigned to the Honora ...
Class Action Filed Against Lululemon Athletica Inc. (LULU) - October 7, 2024 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2024-09-19 09:45
NEW YORK, Sept. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lululemon Athletica Inc. (NASDAQ: LULU).Shareholders who purchased shares of LULU 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/lululemon-athletica-inc-loss-submission-form/?id=103510&from=4 CLASS PERIOD: De ...
Lululemon Athletica Inc. REMINDER – LULU Stockholders Should Contact Robbins LLP for Information about the Lululemon Athletica Inc. Class Action Lawsuit and Pending Lead Plaintiff Deadline
GlobeNewswire News Room· 2024-09-18 21:58
SAN DIEGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Lululemon Athletica Inc. (NASDAQ: LULU) securities between December 7, 2023 and July 24, 2024. Lululemon is principally a designer, distributor, and retailer of technical athletic apparel, footwear, and accessories. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003 ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 7, 2024 in Lululemon Athletica Inc. Lawsuit – LULU
GlobeNewswire News Room· 2024-09-18 17:36
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lululemon Athletica Inc. regarding a class action lawsuit due to alleged misleading statements and undisclosed issues affecting the company's performance during a specified period [1][2]. Group 1: Allegations and Issues - The class period for the allegations is from December 7, 2023, to July 24, 2024 [2]. - Allegations include that Lululemon faced inventory allocation issues and color palette execution problems, which led to the underperformance of the Breezethrough product launch [2]. - As a result of these issues, the company experienced stagnating sales in the Americas region, and positive statements made by the defendants regarding the company's business and prospects were deemed materially misleading [2]. Group 2: Shareholder Actions - Shareholders who purchased LULU shares during the class period are encouraged to register for the class action, with a deadline set for October 7, 2024 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [3]. - There is no cost or obligation for shareholders to participate in the case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [4].
CEO Makes Huge Purchase of this Beaten Down Stock
ZACKS· 2024-09-17 19:00
Investors closely monitor insider buys, as they can give hints surrounding the long-term picture.An insider is an officer, director, 10% stockholder, or anyone who possesses internal information because of their relationship with the company. It’s critical to note that insiders have a longer holding period than most, and many strict rules apply to their transactions.Several companies – lululemon (LULU) , Dollar Tree (DLTR) , and Caterpillar (CAT) – have all seen recent insider activity. Let’s take a closer ...
Faruqi & Faruqi Reminds Lululemon Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 7, 2024 - LULU
Prnewswire· 2024-09-17 16:25
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Lululemon Athletica Inc. due to allegations of federal securities law violations, particularly regarding misleading statements about the company's performance and inventory issues [2][3]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the October 7, 2024 deadline to seek the role of lead plaintiff in a federal securities class action against Lululemon [2]. - Investors who suffered losses exceeding $100,000 between December 7, 2023, and July 24, 2024, are encouraged to contact the firm to discuss their legal rights [1][2]. Group 2: Allegations Against Lululemon - The complaint alleges that Lululemon and its executives made false or misleading statements regarding inventory allocation and product performance, particularly the Breezethrough product launch [3]. - It is claimed that these issues led to stagnating sales in the Americas region, with net revenue growth of only 9% in the fourth quarter and 12% for the fiscal year 2023, significantly lower than the previous year's growth of 29% [4]. Group 3: Stock Price Impact - Following the announcement of stagnating sales, Lululemon's stock price fell by $75.65, or 15.80%, closing at $403.19 per share on March 22, 2024 [4]. - On July 24, 2024, further reports on inventory issues caused the stock price to drop by $9.31, or 3.3%, closing at $272.06 per share [5]. - After a decision to pause sales of the Breezethrough yoga wear, the stock price fell by $24.74, or 9.09%, closing at $247.32 per share on July 25, 2024 [5].