lululemon athletica inc. (LULU) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Globe Newswire 13-Aug-2024 4:00 PM

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of lululemon athletica inc. ("lululemon" or "the Company") (NASDAQ:LULU). Investors who purchased lululemon securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/LULU.

Investigation Details

Lululemon was the subject of multiple analyst price target drops on July 25, 2024. The Company's financial performance and its new "Breezethrough" line were particular areas of concern. Breezethrough has suffered from "inconsistent" inventory allocation and pricing, according to analysts following Lululemon. Following this news, lululemon stock dropped.

What's Next?

If you are aware of any facts relating to this investigation or purchased lululemon securities, you can assist this investigation by visiting the firm's site: bgandg.com/LULU. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com