LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Capri Holdings Limited (“Capri” or the “Company”) (NYSE: CPRI) on behalf of investors concerning the Company’s possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to participate.
On October 24, 2024, a United States District Court determined that Capri’s merger with Tapestry, Inc. (“Tapestry”) would hurt competition and granted the Federal Trade Commission’s (“FTC”) motion for preliminary injunction, blocking the merger.
On this news, Capri’s stock price fell $20.34, or 48.9%, to close at $21.26 per share on October 25, 2024, thereby injuring investors.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you purchased Capri securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
