A lawsuit was filed by an investor in Guess’, Inc. (NYSE:GES) shares and NYSE:GES stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/24/2022 -- The Shareholders Foundation announced that an investor in shares of Guess', Inc. (NYSE: GES) filed a lawsuit against certain directors at Guess', Inc.
Investors who purchased shares of Guess', Inc. (NYSE: GES) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff alleges that certain board members at Guess', Inc have tolerated "sustained, despicable, and abusive sexual misconduct" by the fashion company's co-founder Paul Marciano for more than four decades, harming the company and its shareholders through their continued inaction.
Los Angeles, CA based Guess?, Inc. designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. Shares of Guess', Inc. (NYSE: GES) declined from over $31 per share in May 2021 to as low as under $20 per share in January 2022.
Those who purchased shares of Guess', Inc. (NYSE: GES) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.