IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces a class action lawsuit was 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 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the October 24, 2016 lead plaintiff motion deadline.
If you purchased shares of Signet during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at email@example.com.
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive 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 released to the public, shares of Signet dropped in value, causing investors harm.
If you wish to learn more about this lawsuit, or if you have any questions regarding this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at firstname.lastname@example.org.
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