INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Capri Holdings Limited (CPRI) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Capri Holdings Limited (“Capri” or the “Company”) (NYSE: CPRI) investors concerning the Company’s possible violations of federal securities laws.

On October 24, 2024, a United States District Court determined that Capri’s merger with Tapestry, Inc. (“Tapestry”) would hurt competition and granted the Federal Trade Commission’s (“FTC”) motion for preliminary injunction, blocking the merger.

On this news, Capri’s stock price fell $20.34, or 48.9%, to close at $21.26 per share on October 25, 2024, thereby injuring investors.

If you purchased Capri securities, have information or 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 [phone] or by email to [e-mail], or visit our website at www.howardsmithlaw.com.

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