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Deadline on November 1st coming up in Lawsuit for Investors in Kohl's Corporation (NYSE: KSS)

10-31-2022 07:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on November 1, 2022 in the lawsuit for certain investors in Kohl's Corporation (NYSE: KSS).

A Deadline is coming up on November 1, 2022 in the lawsuit for certain investors in Kohl's Corporation (NYSE: KSS).

A deadline is coming up on November 1, 2022 in the lawsuit filed for certain investors of Kohl's Corporation (NYSE: KSS) over alleged securities laws violations by Kohl's Corporation (NYSE: KSS).

Investors who purchased shares of Kohl's Corporation (NYSE: KSS) have certain options and there are strict and short deadlines running. Deadline: November 1, 2022. NYSE: KSS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Eastern District of Wisconsin the plaintiff alleges on behalf of purchasers of Kohl's Corporation (NYSE: KSS) common shares between October 20, 2020 and May 19, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 20, 2020 and May 19, 2022, the Defendants made false and/or misleading statements and/or failed to disclose that Kohl's Strategic Plan was not well tailored to achieving the Company's stated goals, that the Defendants had likewise overstated the Company's success in executing its Strategic Plan, that Kohl's had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms, that as a result, the Company's Board was able to and did withhold material information from shareholders about the state of Kohl's in the lead-up to the Company's annual meeting, that all the foregoing, once revealed, was likely to have a material negative impact on Kohl's financial condition and reputation, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Kohl's Corporation (NYSE: KSS) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

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