NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Guess?, Inc. (NYSE:GES). Our investigation concerns whether Guess?, Inc. and certain of its officers and/or directors have violated federal securities laws and/or engaged in other unlawful business practices.
On June 6, 2017, the European Commission (the “Commission”) disclosed that it began a formal antitrust investigation of the Company’s distribution agreements and practices. According to the Commission, “Guess, in its distribution agreements, may ban cross-border sales to consumers.” The Commission has announced plans to look into whether the Company’s distribution agreements prevent legitimate distributors from selling cross-border to EU Single Market consumers. Following this news, Guess shares fell $0.74 per share, or over 6%, to close at $11.27 on June 6, 2017.
If you purchased or otherwise acquired Guess securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Guess, please go to www.bespc.com/ges. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
