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PVH.US
id: 223, Created by Stan Vick, Scout
PVH Corp
What do I get by joining?
- You will get case updates and receive a payout in case of success
- If you would like to actively participate, you will be connected to the attorney
- No, you do not pay anything out of your pocket neither to us nor to attorney
On August 30, PVH Corp. released Q2 2022 financials and surprised the market by cutting full-year projections.
At the same time, the Company announced that Trish Donnelly, Chief Executive Officer, PVH Americas & Calvin Klein Global, will be leaving PVH to pursue other opportunities.
The coincidence of these two events may indicate that there was mismanagement, which could adversely affect the financial results of the Company.
On this news, PVH declined more than 10% and lost $440 million of its capitalization, seriously damaging investors.
Alleged Offence
Mismanagement,
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Negligence,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
30 August 2022