LULU Deadline: LULU Investors Have Opportunity to Lead lululemon athletica inc. Securities Fraud Lawsuit

Group 1 - The Rosen Law Firm is reminding purchasers of lululemon athletica inc. securities from December 7, 2023, to July 24, 2024, about the lead plaintiff deadline on October 7, 2024 [1][2] - Investors who purchased lululemon securities during the Class Period may be entitled to compensation through a contingency fee arrangement [1][2] - A class action lawsuit has been filed against lululemon, alleging that the company made false and misleading statements regarding its business operations and sales performance [2] Group 2 - The lawsuit claims that lululemon faced inventory allocation issues and color palette execution problems, leading to underperformance of the Breezethrough product launch [2] - As a result of these issues, lululemon experienced stagnating sales in the Americas region, contradicting the positive statements made by the defendants [2] - The lawsuit asserts that when the true details about lululemon's struggles became public, investors suffered damages [2]