Lululemon Athletica Inc. Lawsuit Submission Form

Company: Lululemon Athletica Inc.

Ticker: (NASDAQ) LULU

Deadline

Passed

Lead Plaintiff Deadline: October 07, 2024

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Allegations

The filed complaint alleges that Lululemon Athletica Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was struggling with inventory allocation issues and color palette execution issues; (2) as a result, the Company’s Breezethrough product launch underperformed; (3) as a result of the foregoing, the Company was experiencing stagnating sales in the Americas region; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.