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Update in Lawsuit for Investors in Signet Jewelers Ltd. (NYSE: SIG) announced by Shareholders Foundation

ACCESSWIRE

SAN DIEGO, CA / ACCESSWIRE / December 10, 2019 / The Shareholders Foundation, Inc. announces that a that a lawsuit is pending for certain investors in Signet Jewelers Ltd. (SIG) shares.

Investors, who purchased shares of Signet Jewelers Ltd. (SIG) in January 2017 or earlier and continue to hold any of those NYSE: SIG shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On December 15, 2017, a lawsuit was filed against Signet Jewelers Ltd. over alleged securities laws violations. The plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that the Company was experiencing difficulty ensuring the safety of customers' jewelry while in the custody of Signet's brands, that employees at stores under at least one of Signet's brands (Kay) were swapping customers' stones for less valuable stones, that the Company was experiencing a drop-off in customer confidence, that the Company was facing increasing competitive pressures, that, as result of the foregoing, the Company's financial performance was being negatively impacted, and that, as a result of the foregoing, Defendants' positive statements about Signet's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

Those who purchased Signet Jewelers Ltd. (SIG) shares should contact the Shareholders Foundation, Inc.

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CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

SOURCE: Shareholders Foundation, Inc.



View source version on accesswire.com:
https://www.accesswire.com/569721/Update-in-Lawsuit-for-Investors-in-Signet-Jewelers-Ltd-NYSE-SIG-announced-by-Shareholders-Foundation