We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Signet Can't Duck Investor Suit Over Harassment Statements

Law360 (June 11, 2019, 8:06 PM EDT) -- A New York federal judge on Tuesday rejected Signet Jewelers Ltd.'s argument that a recent Second Circuit ruling made statements in a corporate code of conduct inactionable, keeping alive investors' allegations of false assurances about a harassment-free workplace.

Last month, the Jared and Kay Jewelers parent company argued the Second Circuit's opinion in Singh v. Cigna determined generic statements in corporate codes of conduct don't amount to material misrepresentations, dooming investors' lawsuit over alleged falsities about harassment protections in Signet's own code of conduct. U.S. District Judge Colleen McMahon disagreed.

"[Cigna] did not announce a new legal rule, let alone one...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related

Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Subscribers Only

Date Filed

August 25, 2016

Law Firms

Companies

Judge Analytics