January 29, 2014
Aeropostale Inc. agreed on Wednesday to pay $15 million to settle a shareholder class action alleging the primarily teenage-clothing retailer defrauded investors by hiding financial troubles after a failed attempt to market itself to older customers.
July 18, 2013
A New York federal judge on Wednesday certified a class of shareholders in a suit accusing clothing retailer Aeropostale Inc. of defrauding investors by hiding financial troubles brought on by a failed attempt to remake its teeny-bopper brand.
May 02, 2013
A group of investors suing clothing retailer Aeropostale for securities fraud will not be able to keep the names of their witnesses a secret after a New York federal judge said this week that the rules she approved Wednesday allowing confidential material in the case would not apply to their identities.
March 27, 2013
A New York federal judge on Tuesday denied Aeropostale Inc.'s bid to drop a class action that accuses the clothing retailer of defrauding investors by hiding woes over unpopular inventory and slow sales.