Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Brunello Cucinelli S.p.A. for possible violations of federal securities laws and other unlawful business practices [2][3]. Investigation Details - The investigation is focused on whether Brunello Cucinelli has engaged in unlawful business practices, particularly concerning its operations in Russia following the invasion of Ukraine [2][7]. - A report by Morpheus Research alleges that Brunello Cucinelli has continued to conduct business in Russia, contradicting its public statements [7]. Market Impact - Following the release of the Morpheus Research report, Brunello Cucinelli's American Depositary Receipt (ADR) price dropped by $2.01, or 16.54%, closing at $10.14 per ADR on September 25, 2025 [7].
BRUNELLO CUCINELLI INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Continues Investigation into Brunello Cucinelli S.p.A.
Globenewswire·2025-10-22 21:46