NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Abercrombie & Fitch Co. (“Abercrombie & Fitch”) (NYSE: ANF) breached their fiduciary duties to Abercrombie & Fitch and its shareholders.
Scott+Scott is investigating whether members of Abercrombie & Fitch’s board or directors or senior management failed to manage Abercrombie & Fitch in an acceptable manner, in breach of their fiduciary duties, and whether Abercrombie & Fitch and its shareholders have suffered damages as a result.
On October 2, 2023, the BBC reported allegations that Mike Jeffries, former CEO of Abercrombie & Fitch, exploited young men recruited for sex events hosted by Jeffries around the world. On January 22, 2024, it was reported that the U.S. Attorney’s Office for the Eastern District of New York had opened a criminal investigation into the allegations. On October 17, 2024, the DOJ filed a 16-count indictment against Jeffries and two associates.
What You Can Do – CLICK HERE FOR YOUR OPTIONS AS A SHAREHOLDER
If you own shares of Abercrombie & Fitch, you may have legal claims against Abercrombie & Fitch’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or jpettigrew@scott-scott.com.
About Scott+Scott
Scott+Scott is an international law firm known for its expertise in representing corporate clients, institutional investors, businesses, and individuals harmed by anticompetitive conduct or other forms of wrongdoings, including securities law and shareholder violations.
With more than 100 attorneys in nine offices in the United States, as well as three offices in Europe, our advocacy has resulted in significant monetary settlements on behalf of our clients, along with other forms of relief.
Our highly experienced attorneys have been recognized for being among the top financial lawyers in 2024 by Lawdragon, WWL: Commercial Litigation 2024, and Legal 500 in Antitrust Civil Litigation, and have received top Chambers 2024 rankings. In addition, we have been recognized by the American Antitrust Institute for the successful litigation of high-stakes anticompetitive claims in the United States.
To learn more about Scott+Scott, our attorneys, or complex case resolution, please visit www.scott-scott.com.
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