An investigation on behalf of investors in Ralph Lauren Corporation (NYSE:RL) shares over potential wrongdoing at Ralph Lauren Corporation was announced.
San Diego, CA -- (SBWIRE) -- 12/07/2022 -- An investigation on behalf of current long-term investors in shares of Ralph Lauren Corporation (NYSE: RL) was announced over potential breaches of fiduciary duties by certain officers and directors at Ralph Lauren Corporation.
Investors who purchased shares of Ralph Lauren Corporation (NYSE: RL) have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Ralph Lauren Corporation (NYSE: RL officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Ralph Lauren Corporation reported that its Total Revenue rose from over $4.4 billion for the 12 months period that ended on March 31, 2021, to over $6.21 billion for the 12 months period that ended on March 31, 2022, and that its Net Loss of $121.1 million turned to a Net Income of $600.1 million for the 12 months period that ended on March 31, 2022.
Shares of Ralph Lauren Corporation (NYSE: RL) declined from $142.06 per share in May 2021, to $82.23 per share in September 2022.
On December 6, 2022, NYSE: RL shares closed at $110.82 per share.
Those who purchased shares of Ralph Lauren Corporation (NYSE: RL), have certain options and should contact the Shareholders Foundation.
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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.