Lead Plaintiff Deadline: February 03, 2023
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(1) there were execution missteps in size and assortment at Old Navy related to BODEQUALITY, the Company’s size-inclusivity campaign, which were adversely impacting Old Navy’s margins and financial results; (2) contrary to the Company’s statements, there were inventory risks relating to BODEQUALITY that were adversely affecting the Company’s operations; and as a result (3) the Company’s statements during the class period about the historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company, and were materially false and misleading and lacked a factual basis.
In order to be included in the lawsuit, you must have incurred a loss on shares of The Gap, either: A) purchased or acquired during the class period listed above, if applicable; or B) pursuant to the Initial Public Offering (IPO) of The Gap, if applicable.
If you suffered a loss in The Gap during the relevant time frame, or pursuant to The Gap’s IPO if listed above, you have until February 03, 2023 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.