The Gap Inc Class Action Lawsuit GPS | Deadline February 3, 2023
Levi & Korsinsky, LLP announces that a GPS class action lawsuit (The Gap Class Action Lawsuit) has been filed on behalf of investors who purchased The Gap, Inc. (GPS) securities between November 24, 2021, and July 11, 2022.
For more on the GPS Lawsuit please contact us today.
According to The Gap lawsuit, throughout the Class Period defendants made 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 was 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.
To learn more about the GPS lawsuit, contact us today.
If you suffered a loss in The Gap you have until February 3, 2023, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
The Gap Inc Class Action Lawsuit (GPS Lawsuit)
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Other Class Action Cases have deadlines ending soon. Here is the most up-to-date list.
The Gap Inc Class Action Lawsuit,
The Gap Inc Class Action,
The Gap Inc Lawsuit,
GPS Class Action Lawsuit,
GPS Class Action,