SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Kohl’s Corporation with Losses of $100,000 to Contact the Firm
LOS ANGELES–(BUSINESS WIRE)–$KSS #KSS—The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Kohl’s Corporation (“Kohl’s” or “the Company”) (NYSE: KSS) for 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 securities between October 20, 2020 and May 19, 2022, inclusive (the ”Class Period”), are encouraged to contact the firm before November 1, 2022.
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, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, 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 email@example.com.
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. The strategic plan formulated by Kohl’s was ill-suited to achieve its stated goals. The Company overstated its ability to follow the strategic plan. The Company failed to maintain appropriate controls over financial reporting. The Company’s Board withheld material information from investors before its annual meeting. 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 Kohl’s, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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The Schall Law Firm
Brian Schall, Esq.,