On April 27, 2023, Alliance Data Systems Corporation (“ADS”), as well as certain officers and executives of Loyalty Ventures, ADS, and the Chief Executive Officer (“CEO”) of ADS, were sued for violations of the federal securities laws in the United States District Court for the Southern District of Ohio on behalf of investors who purchased Loyalty Ventures common stock between November 8, 2021 and June 7, 2022, inclusive (the “Class Period”).
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