LOS ANGELES, Sept. 10, 2019 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Canada Goose Holdings Inc. (“Canada Goose” or “the Company”) (NYSE: GOOS) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between March 16, 2017 and August 1, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before November 4, 2019.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Canada Goose sourced the down and fur materials in its products using inhumane treatment of animals. This unethical treatment of animals was not in compliance with FTC regulations on false advertising specifically on the Company’s sourcing practices. These improper actions resulted in an ongoing FTC investigation into the Company for false advertising. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Canada Goose, investors suffered damages.
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