NEW
YORK, Dec. 14, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of The Gap,
Inc..
Shareholders who purchased shares of GPS during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/the-gap-inc-class-action-loss-submission-form/?id=34546&from=4
CLASS PERIOD: November 24,
2021 to July 11, 2022
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) there were execution
missteps in size and assortment at Old Navy related to BODEQUALITY,
the Company's size-inclusivity campaign, which were adversely
impacting Old Navy's margins and financial results; (2) contrary to
the Company's statements, there were inventory risks relating to
BODEQUALITY that were adversely affecting the Company's operations;
and as a result (3) the Company's statements during the class
period about the historical financial and operational metrics and
purported market opportunities did not accurately reflect the
actual business, operations, and financial results and trajectory
of the Company, and were materially false and misleading and lacked
a factual basis.
DEADLINE: February 3, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/the-gap-inc-class-action-loss-submission-form/?id=34546&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of GPS during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is February 3, 2023. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm