Las Vegas, NV -- (SBWIRE) -- 09/18/2013 -- Zale Corporation (NYSE:ZLC) fell about 1 percent and is trading at $14.30. The company share traded at highest of $14.99 and lowest of $3.76 during last 52 weeks.
Zale Corporation updated the stakeholders about the pending lawsuit in US District Court. Regarding the lawsuit No. 5:12-cv-02823, involved parties agreed to decide case and settle down. However, ZLC did not disclose the terms of agreement.
The company is a party in lawsuit in jewellery style case. The other party, Sterling Jewelers also did not make any statements about terms of agreement.
Zale Corporation operates in jewelry retail industry of North America. The Company makes fine, kiosk and other jewelery. There are about 1,124 retail jewelery stores of the company and 654 kiosks in USA, Canada and Puerto Rico. Fine jewelery brands of the company include Peoples Jewellers, Zales Jewelers, Zales Outlet, Mappins Jewelers, and Gordon's Jewelers.
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