Cases
Signet Jewelers Limited (NYSE: SIG)
Securities Class Action
Overview
Overview
- Date:
- 3/29/2017
- Company Name:
- Signet Jewlers Limited
- Stock Symbol:
- SIG
- Class Period:
- FROM 8/29/2013 TO 2/27/2017
- Status:
- Closed/Complete
- Court:
- U.S. Bankruptcy Court: Northern District of Texas
NEW YORK, March 29, 2017 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Northern District of Texas on behalf of all persons or entities who acquired Signet Jewelers Limited (NYSE: SIG) securities between August 29, 2013 and February 27, 2017 (the “Class Period”).
On February 27, 2017, The Washington Post published an article during aftermarket hours revealing that approximately 250 former employees of Sterling Jewelers, Inc., a wholly owned subsidiary of Signet, claimed in sworn statements that Sterling executives presided over a corporate culture that fostered rampant sexual harassment and discrimination. The article further revealed that the current Chief Executive Officer of Signet, Mark Light, was among those accused of having sex with female employees and promoting women based upon how they responded to sexual demands. On this news, shares of Signet fell $9.29 per share, or 12.7%, to close at $63.59 per share on February 28, 2017.
If you purchased or otherwise acquired Signet securities during the Class Period and suffered a loss or continue to hold shares purchased prior to the Class Period, 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 A. Fortunato, Esq. 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 February 27, 2017, The Washington Post published an article during aftermarket hours revealing that approximately 250 former employees of Sterling Jewelers, Inc., a wholly owned subsidiary of Signet, claimed in sworn statements that Sterling executives presided over a corporate culture that fostered rampant sexual harassment and discrimination. The article further revealed that the current Chief Executive Officer of Signet, Mark Light, was among those accused of having sex with female employees and promoting women based upon how they responded to sexual demands. On this news, shares of Signet fell $9.29 per share, or 12.7%, to close at $63.59 per share on February 28, 2017.
If you purchased or otherwise acquired Signet securities during the Class Period and suffered a loss or continue to hold shares purchased prior to the Class Period, 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 A. Fortunato, Esq. 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.