LOS
ANGELES, Jan. 2, 2025 /PRNewswire/ -- The DJS
Law Group reminds investors of a class action lawsuit against
Capri Holdings Limited ("Capri" or "the Company") (NYSE: CPRI) for
violations of the federal securities laws.
Shareholders who bought the Company's securities between
August 10, 2023, and October 24, 2024, inclusive (the "Class Period"),
are encouraged to contact the firm before February 21, 2025.
CASE DETAILS: According to the complaint, Capri
allegedly made false statements to the market
regarding a merger with Tapestry on August
10, 2023, which could combine three competing brands:
Tapestry's Coach and Kate Spade and
Capri's Michael Kors brand. A federal judge granted an FTC motion
to enjoin the merger on October 24,
2024. The court found that a "substantial body of compelling
evidence" demonstrated that, in contrast to their public
statements, the Company believed that the three brands were direct
competitors in the "accessible luxury handbag market."
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is
to enhance investor return through balanced counseling and
aggressive advocacy. We specialize in securities class actions,
corporate governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J.
Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/capri-holdings-limited-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--cpri-302341067.html
SOURCE DJS Law Group LLP
