LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Signet Jewelers Limited (“Signet” or the “Company”) (NYSE: SIG). Investors who purchased or otherwise acquired shares between August 29, 2013 and February 27, 2017 inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 30, 2017 lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The complaint alleges that during the Class Period, Signet issued false and misleading statements and/or failed to disclose that alleged sexual harassment by employees of Signet’s Sterling Family of Jewelers division (“Sterling”) - including numerous incidents of sexual assault and rape which were detailed in approximately 249 declarations signed under penalty of perjury by current and former Sterling employees - made it unlikely that Signet would be able to avoid paying a sizable amount of damages in connection with a class action lawsuit filed by Sterling employees. Signet’s stock traded at artificially inflated prices during the Class Period as a result of this information being withheld from the market. On February 27, 2017, The Washington Post published a report revealing widespread allegations of sexual harassment made in the private arbitration that implicated the Company’s senior managers and executives. When this news was announced to the public, shares of Sterling dropped in value, causing investors harm.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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