San Diego, CA -- (SBWIRE) -- 06/08/2016 -- An investigation on behalf of investors of Signet Jewelers Ltd. (NYSE:SIG) shares over potential securities laws violations by Signet Jewelers and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Signet Jewelers Ltd. (NYSE:SIG), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Signet Jewelers Ltd. (NYSE:SIG) concerning whether certain statements by Signet Jewelers Ltd. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Shares of Signet Jewelers Ltd. (NYSE:SIG) grew from $71.43 per share in Janaury 2014 to as high as $150.94 per share in October 2015.

Signet Jewelers Ltd. reported that its Total Revenue rose from over $4.2 billion for the 52 weeks period that ended on February 1, 2014 to over $6.55 billion for the 52 weeks period that ended on January 30, 2016 and that its respective Net Income increased from $368 million to $467 million.

On June 2, 2016, a report was issued raising concerns about the extent to which Signet Jewelers Ltd. used its credit operations to boost sales, and also referenced a previously published story on Buzzfeed about customers of the Company's Kay Jewelers stores complaining that their diamonds had been unknowingly replaced with lesser-quality gems.

Shares of Signet Jewelers Ltd. (NYSE:SIG) declined on June 2, 2016 to as low as $84.80 per share.

On June 6, 2016, NYSE:SIG shares closed at $86.39 per share.

Those who purchased shares of Signet Jewelers Ltd. (NYSE:SIG) 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