LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC (the “Firm”) announces that a class action lawsuit has been filed against Signet Jewelers Limited (“Signet” or the “Company”) (NYSE: SIG). Investors who purchased or otherwise acquired shares between January 7, 2016 and June 3, 2016 (the “Class Period”) are encouraged to contact the Firm in advance of the October 24, 2016 lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we advise 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 without cost to you. 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.
According to the complaint, Signet made false and/or misleading statements and/or failed to disclose: that the Company was having difficulty ensuring the safety of customers’ jewelry while in the custody of Signet’s brands; that employees at stores under at least one of Signet’s brands (Kay) were swapping customers’ stones for less valuable stones; that the Company was experiencing a decrease in customer confidence; that the Company was facing increasing competitive pressures; that Signet’s financial performance was being negatively impacted; and that as a result of the above, the Company’s statements about its business, operations, and prospects were false and misleading and/or lacked a reasonable basis. When this news was announced to the public, shares of Signet fell 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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