An investigation for investors in Guess’, Inc. (NYSE:GES) shares over potential securities laws violations by Guess’, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 02/28/2022 -- Guess', Inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Guess', Inc. (NYSE: GES), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Guess', Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Los Angeles, CA based Guess?, Inc. designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children.
Guess', Inc. reported that its annual Total Revenue declined from over $2.67 billion for the 12 months period that ended on January 31, 2020, to over $1.87 billion for the 12 months period that ended on January 31, 2021, and that its Net Income of $95.97 million turned into a Net Loss of $81.22 million over those respective time periods.
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.
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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.