NASDAQ: LULU Lawsuit NOTICE: Investors Who Lost Money With Shares of Lululemon Athletica Inc. (NASDAQ: LULU) Should Contact the Shareholders Foundation

SAN DIEGO, CA, August 24, 2024 (Newswire.com) - A lawsuit was filed for certain investors in shares of Lululemon Athletica Inc. (NASDAQ: LULU). Investors in NASDAQ: LULU shares should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in shares of Lululemon Athletica Inc. (NASDAQ:LULU).

Investors that purchased shares of Lululemon Athletica Inc. (NASDAQ: LULU) have certain options and for certain investors are short and strict deadlines running. Deadline: October 07, 2024. NASDAQ: LULU investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

On August 08, 2024, a lawsuit was filed by an investor in NASDAQ: LULU shares against Lululemon Athletica Inc. over alleged securities laws violations. The plaintiff alleged that the defendants failed to disclose to investors that the Company was struggling with inventory allocation issues and color palette execution issues, that, as a result, the Company's Breezethrough product launch underperformed, that, as a result of the foregoing, the Company was experiencing stagnating sales in the Americas region, and 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.

Those who purchased Lululemon Athletica Inc. (NASDAQ: LULU) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
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.

Contact Information

Michael Daniels
Manager
[email protected]
858-779-1554

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.