Cases
Guess?, Inc. (NYSE: GES)
Securities Class Action
Overview
Overview
- Date:
- 6/7/2017
- Company Name:
- Guess?, Inc.
- Stock Symbol:
- GES
- Status:
- Closed/Complete
NEW YORK, June 7, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Guess?, Inc. (NYSE: GES). Our investigation concerns whether Guess?, Inc. and certain of its officers and/or directors have violated federal securities laws and/or engaged in other unlawful business practices.
On June 6, 2017, the European Commission (the “Commission”) disclosed that it began a formal antitrust investigation of the Company’s distribution agreements and practices. According to the Commission, “Guess, in its distribution agreements, may ban cross-border sales to consumers.” The Commission has announced plans to look into whether the Company’s distribution agreements preclude legitimate distributors from selling cross-border to EU Single Market consumers. Following this news, Guess shares fell $0.74 per share, or over 6%, to close at $11.27 on June 6, 2017.
If you purchased or otherwise acquired Guess securities and suffered a loss, 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 Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On June 6, 2017, the European Commission (the “Commission”) disclosed that it began a formal antitrust investigation of the Company’s distribution agreements and practices. According to the Commission, “Guess, in its distribution agreements, may ban cross-border sales to consumers.” The Commission has announced plans to look into whether the Company’s distribution agreements preclude legitimate distributors from selling cross-border to EU Single Market consumers. Following this news, Guess shares fell $0.74 per share, or over 6%, to close at $11.27 on June 6, 2017.
If you purchased or otherwise acquired Guess securities and suffered a loss, 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 Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.