Kohl's Corporation Class Action Lawsuit - KSS

The filed complaint alleges that Kohl's Corporation made materially false and/or misleading statements and/or failed to disclose that: Kohl's revealed on May 1, 2025, that its CEO had been terminated after violating company policy by engaging in "vendor transactions that involved undisclosed conflicts of interest." Specifically, Kohl's stated that he had "directed that the Company conduct business with a vendor founded by an individual with whom [he] has a personal relationship on highly unusual terms favorable to the vendor and that he also caused the Company to enter into a multi-million dollar consulting agreement wherein the same individual was a part of the consulting team." Following this news, Kohl's stock dropped heavily on the same day.

In order to be eligible to join the KSS class action lawsuit, you must have incurred a loss on shares of Kohl's purchased during the class period listed above.