Please complete this form relating to your transactions for Stitch Fix, Inc. (Nasdaq: SFIX) common stock between June 8, 2018 and October 1, 2018, inclusive (the “Class Period”).
You may also contact James Maro, Esq. at (484) 270-1453; or you may submit your information via email at firstname.lastname@example.org, or you may click here to print a PDF of this form.
On October 11, 2018, the initial complaint in this securities class action was filed against Stitch Fix, Inc. (“Stitch Fix” or the “Company”), and certain of Stitch Fix’s directors and officers, asserting violations of Sections 10(b) and 20(a) of the Securities Exchange Act. This is a federal securities class action lawsuit brought on behalf all persons who purchased or otherwise acquired Stitch Fix common stock between June 8, 2018, through October 1, 2018, both dates inclusive (the “Class Period”).
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose adverse information about Stitch Fix’s business and prospects, including that its active client growth had slowed dramatically and that Defendants had shut down Stitch Fix’s television advertising campaign for much of the fourth quarter of 2018. As a result of Defendants’ false statements and/or omissions, the price of Stitch Fix common stock was artificially inflated during the Class Period.
Current Status of Case:
On September 18, 2019, Lead Plaintiff filed a consolidated complaint (the “Complaint”). Defendants filed a Motion to Dismiss the Complaint on October 28. On September 30, 2020, the Court issued an Order granting Defendants' Motion to Dismiss. Plaintiff was given leave to amend the Complaint. On November 6, 2019, Lead Plaintiff filed an amended complaint (the “Amended Complaint”). Defendants filed a Motion to Dismiss the Amended Complaint on December 7, 2020. The case was dismissed on September 30, 2021 and Judgment was entered on October 1, 2021. Lead Plaintiff filed a Notice of Appeal on October 29, 2021. This action is still ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; or via e-mail at email@example.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.