The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of G-III Apparel Group, Ltd. (“G-III” or “the Company”) (NASDAQ: GIII) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. G-III announced its third quarter 2023 financial results on November 30, 2022. The Company’s earnings per share missed analyst estimates, and it also revised estimates for the full year due to “logistical challenges” with high inventory levels.
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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.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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