Security Investigation

Lululemon Athletica Inc. (NasdaqGS: LULU)

26 Days left to seek lead plaintiff status.

Company Name:Lululemon Athletica Inc.

Stock Symbol:NasdaqGS: LULU

Court:Southern District of New York

Class Period Start:12/07/2023

Class Period End (inclusive):07/24/2024

Filing Deadline:10/07/2024

Contact a Lawyer Now

(877) 515-1850

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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 7, 2024 to file lead plaintiff applications in a securities class action lawsuit against Lululemon Athletica Inc. (the “Company”) (NasdaqGS: LULU).

Lululemon and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

The alleged false and misleading statements and omissions include, but are not limited to, that: (1) the Company was struggling with inventory allocation and color palette execution issues; (2) as a result, the Company’s Breezethrough product launch underperformed and the Company was experiencing stagnating sales in the Americas region; and (3) as a result of the foregoing, the Company’s positive statements about the its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you purchased securities of Lululemon and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.

The case is Patel v. Lululemon Athletica Inc., et al., No. 24-cv-06033.

Click here to read the first filed complaint.

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Your California Privacy Rights

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Changes to Our Privacy Policy

Kahn Swick & Foti reserves the right to change this policy at any time by posting a new privacy policy at this location.

How to Contact Us

If you have questions concerning this Privacy Notice, wish to obtain additional information, or exercise specific data subject rights pursuant to European law (including the General Data Protection Regulation, and other country-specific data protection laws that may apply), please contact us.

Topics:

What Information Do We Collect About You?
How Do We Collect Information About You?
How Will We Use Information We Collect About You?
Marketing
Access to Your Information and Correction
Your California Privacy Rights
Cookies
Data Retention and Storage
Changes to Our Privacy Policy
How to Contact Us