Recent Security Class Actions

lululemon athletica inc. Common Stock (NASDAQ: LULU)

16 Days left to seek lead plaintiff status.

Company Name:lululemon athletica inc. Common Stock
Stock Symbol:NASDAQ: LULU
Class Period Start:12/07/2023
Class Period End (inclusive):07/24/2024
Filing Deadline:10/07/2024

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company was struggling with inventory allocation issues and color palette execution issues; (2) that, as a result, the Company’s Breezethrough product launch underperformed; (3) that, as a result of the foregoing, the Company was experiencing stagnating sales in the Americas region; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

lululemon athletica inc. Common Stock (NASDAQ: LULU) Claim Form

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