Gainey McKenna Egleston Announces A Class Action Lawsuit Has Been Filed Against Kohl''s Corporation (KSS)
NEW YORK, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Gainey McKenna Egleston announces that a class action lawsuit has been filed against Kohl''s Corporation ("Kohl''s" or the "Company") (NYSE: KSS ) in the United States District Court for the Eastern District of Wisconsin on behalf of investors who purchased or otherwise acquired Kohl''s common stock between October 20, 2020 and May 19, 2022, both dates inclusive (the "Class Period"). The Complaint allege that Defendants made false and|or misleading statements and|or failed to disclose that: (i) Kohl''s Strategic Plan was not well tailored to achieving the Company''s stated goals; (ii) Defendants had likewise overstated the Company''s success in executing its Strategic Plan; (iii) Kohl''s had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms; (iv) as a result, the Company''s Board was able to and did withhold material information from shareholders about the state of Kohl''s in the lead-up to the Company''s annual meeting; (v) all the foregoing, once revealed, was likely …
Gainey McKenna Egleston Announces A Class Action Lawsuit Has Been Filed Against Kohl''s Corporation (KSS)
NEW YORK, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Gainey McKenna Egleston announces that a class action lawsuit has been filed against Kohl''s Corporation ("Kohl''s" or the "Company") (NYSE: KSS ) in the United States District Court for the Eastern District of Wisconsin on behalf of investors who purchased or otherwise acquired Kohl''s common stock between October 20, 2020 and May 19, 2022, both dates inclusive (the "Class Period"). The Complaint allege that Defendants made false and|or misleading statements and|or failed to disclose that: (i) Kohl''s Strategic Plan was not well tailored to achieving the Company''s stated goals; (ii) Defendants had likewise overstated the Company''s success in executing its Strategic Plan; (iii) Kohl''s had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms; (iv) as a result, the Company''s Board was able to and did withhold material information from shareholders about the state of Kohl''s in the lead-up to the Company''s annual meeting; (v) all the foregoing, once revealed, was likely …