2022-10-14 | NYSE: KSS | Press release
New York, New York–(Newsfile Corp. – October 14, 2022) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Kohl’s Corporation (NYSE: KSS) securities between October 20, 2020 and May 19, 2022, both dates inclusive (the recourse”), the importance November 1, 2022lead applicant deadline.
SO WHAT: If you purchased securities of Kohl during the Class Period, you may be entitled to compensation without payment of disbursements or fees through a contingency fee arrangement.
WHAT TO DO NEXT: To join Kohl’s class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=8539 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for class action information. A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court no later than November 1, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually handle securities class action lawsuits, but are merely middlemen who refer clients or partner with law firms that actually litigate the cases. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose that: (1) Kohl’s strategic plan was not well suited to the achievement of the stated objectives of the company; (2) the defendants also exaggerated Kohl’s success in executing his strategic plan; (3) Kohl’s had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms; (4) as a result, Kohl’s board of directors was able to withhold material information from shareholders about the state of the company, and did so, in the run-up to the company’s annual meeting; (5) all of the foregoing, when disclosed, was likely to have a material adverse impact on Kohl’s financial condition and reputation; and (6) as a result, the defendants’ public statements were materially false and misleading at all relevant times. When the real details entered the market, the lawsuit claims investors suffered damages.
To join Kohl’s class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=8539 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for class action information.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. An investor’s ability to participate in any potential future recovery does not depend on their status as lead plaintiff.
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Contact information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cas@rosenlegal.com
www.rosenlegal.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/140665
