Capri Holdings Requests to Dismiss Class Action Filed by Investors

Court: D. Delaware

Case: 1:24-CV-01410

Capri Holdings has requested the court to dismiss the lawsuit filed by investors. The court will determine whether the case proceeds.

What is this lawsuit about?

On October 25, 2024, a federal court blocked the Capri-Tapestry merger, citing antitrust violations and revealing internal documents that contradicted public assurances.

Following this, CPRI dropped nearly 50%.

Then, on December 23, 2024, shareholders filed a claim against Capri Holdings.

What can you do to recover your losses now?

We’re keeping track of all updates and will notify CPRI investors about potential recovery.

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.