The Shareholders Foundation announces that an investigation on behalf of investors of Michael Kors Holdings Ltd (NYSE:KORS) shares was initiated over potential securities laws violations.
Investors who purchased shares of Michael Kors Holdings Ltd (NYSE:KORS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Michael Kors Holdings Ltd (NYSE:KORS) concerning whether a series of statements regarding Michael Kors Holdings’ business, its prospects and its operations were materially false and misleading at the time they were made.
On May 27, 2015, Michael Kors Holdings Ltd announced its fourth quarter and annual fiscal 2015 results and issued its outlook for its first quarter of fiscal 2016. Shares of Michael Kors Holdings Ltd (NYSE:KORS) declined from $61.55 per share on May 26, 2015, to as low as $45.53 per share on May 29, 2015.
On June 15, 2015, NYSE:KORS shares closed at $47.10 per share.
Those who purchased shares of Michael Kors Holdings Ltd (NYSE:KORS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com