BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith commences its investigation on behalf of GUESS? Inc. (“GUESS?” or the “Company”) (NYSE: GES) investors concerning the Company and its officers’ possible violations of federal securities laws.
On February 1, 2018, GUESS? published a press release disclosing that a website notified the Company it was “seeking to post separate allegations that Paul Marciano had acted inappropriately toward two women. The website posted the allegations yesterday evening.” On this news, GUESS? shares fell $3.26, or 17.75%, to close at $15.11 on February 1, 2018. On February 7, 2018, TIME magazine published an interview with model Kate Upton, in which Upton stated that Marciano "assaulted and began harassing her during her first professional modeling campaign when she was 18." Upton's interview provided detailed descriptions of Marciano's alleged conduct, corroborated by at least one witness. On this news, GUESS?'s share price has fallen sharply during intraday trading on February 8, 2018.
If you purchased GUESS? securities, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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