G-III Apparel Group, Ltd. Class Action Lawsuit - GIII

Company
G-III Apparel Group, Ltd. (NASDAQ: GIII)
Lead Plaintiff Deadline
January 1, 1800 (Expired)
Class Period
March 13, 2021 - March 13, 2026

Expired

Lead Plaintiff Deadline

Jan 1, 1800

Join the G-III Apparel Group, Ltd. Class Action Lawsuit

Required Field

Required Field

Required Field

  • $1 - $1,000
  • $1001 - $10,000
  • $10,001 - $25,000
  • $25,001 - $50,000
  • $50,001 - $100,000
  • $100,001 - $250,000
  • $250,001 - $500,000
  • $500,000+

There is no cost or obligation for you to submit.

The submission of this form does not create an attorney-client relationship.

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Purchases

1.
  • Common Stock
  • Preferred Stock
  • Bonds
  • Calls
  • Puts
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Additional Purchases

Sales

1.
  • Common Stock
  • Preferred Stock
  • Bonds
  • Calls
  • Puts
  • 1
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  • 4
  • 5
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Additional Sales

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Certification of Plaintiff Pursuant to Federal Securities Laws

I, duly certify and say, as to the claims asserted under the federal securities laws, that:

1.I have reviewed a complaint filed in the action.

2.I did not purchase the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this action.

3.I am willing to serve as a representative party on behalf of the class, including providing testimony at deposition and trial, if necessary.

4.My transaction(s) in which are the subject of this litigation during the class period set forth in the complaint are set forth in the chart attached hereto.

5.Within the last 3 years,

6.I will not accept any payment for serving as a representative party on behalf of the class beyond the Plaintiff's pro rata share of any recovery, except as ordered or approved by the court, including any award for reasonable costs and expenses (including lost wages) directly relating to the representation of the class.

Are you US Citizen?

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Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

By your signature above, you confirm that have retained Levi & Korsinsky, LLP to represent you and the shareholder class as a lead plaintiff in the pending class action against G-III Apparel Group, Ltd. This representation will be on a contingency basis, meaning that Levi & Korsinsky will advance all expenses in the litigation and will only seek compensation and/or reimbursement of expenses if the firm obtains a recovery. Regardless of the result, we will never ask you to directly pay for any attorneys’ fees, expenses, or costs. Should we obtain a favorable result, we may ask the court to award us compensation and reimbursement of expenses to be paid by the defendants or as a portion of any class recovery. In exchange for our representation, you agree to cooperate as our client by providing, for example, relevant documents and deposition testimony, if necessary. During the course of this litigation, we may employ and/or work with other law firms, experts, and third-parties to successfully prosecute this action. If you are not appointed as the lead plaintiff or Levi & Korsinsky is not appointed as lead counsel, we will notify you of such decision at which time this representation will end unless otherwise extended by you and the firm. We look forward to working with you towards a successful resolution of this action.

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Allegations

The filed complaint alleges that G-III Apparel Group, Ltd made materially false and/or misleading statements and/or failed to disclose that: The $17.5 million bad-debt charge stems from the Saks bankruptcy, which had been publicly teased throughout 2025 starting with a February 2025 memo announcing an 18-month backlog. G-III's Q3 FY 2026 earnings call took place on December 9, 2025 when CEO Morris Goldfarb stated that the company was "taking a prudent approach to our outlook" and that results reflected "healthy consumer demand." CFO Neal Nackman raised full-year non-GAAP EPS guidance to $2.80-$2.90. The earnings call did not disclose a pending bad-debt charge related to Saks. When actual FY 2026 results were reported on March 12, 2026, Non-GAAP EPS came in at $2.61 -- a shortfall of $0.19 to $0.29 versus the raised guidance range blamed entirely on Saks Global's bankruptcy. The company also disclosed the loss of PVH-licensed revenue, which triggered a GAAP Net Income of only 67.4m, a 45% shortfall against the midpoint of December's guidance. Shares fell approximately 11.4% in a single session.

Eligibility

In order to be eligible to join the GIII class action lawsuit, you must have incurred a loss on shares of G-III Apparel Group, Ltd. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in G-III Apparel Group, Ltd. during the relevant time frame or pursuant to the relevant offering(s), you have until January 1, 1800 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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