Core Viewpoint - Rosen Law Firm is reminding investors who purchased lululemon athletica inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for lululemon securities is from December 7, 2023, to July 24, 2024 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by October 7, 2024, to serve as lead plaintiff [1][3] Group 2: Allegations Against Lululemon - The lawsuit alleges that lululemon made false and misleading statements regarding its business operations [3] - Specific issues cited include struggles with inventory allocation and color palette execution, leading to underperformance of the Breezethrough product launch [3] - The lawsuit claims that these issues resulted in stagnating sales in the Americas region and that positive statements from the company were materially misleading [3]
LULU DEADLINE TOMORROW: ROSEN, A TOP RANKED LAW FIRM, Encourages lululemon athletica inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important October 7 Deadline in Securities Class Action – LULU