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Investigation announced for Long-Term Investors in Ralph Lauren Corporation (NYSE: RL)

12-01-2022 04:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Ralph Lauren Corporation (NYSE: RL) shares over potential wrongdoing at Ralph Lauren Co

An investigation on behalf of investors in Ralph Lauren Corporation (NYSE: RL) shares over potential wrongdoing at Ralph Lauren Co

An investigation 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) and currently hold any of those NYSE: RL shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.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 November 30, 2022, NYSE: RL shares closed at $112.66 per share.

Those who purchased shares of Ralph Lauren Corporation (NYSE: RL), 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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