Signet: Investor Cert. Needs Clarification. Judge: WRONG

Law360 (July 12, 2019, 5:00 PM EDT) -- A New York federal judge refused Thursday to clarify an order certifying a class of investors suing over Signet's alleged culture of sexual harassment, calling the retailer's interpretation "completely, totally and utterly WRONG" and setting the stage for an appeal.

Earlier that day, Kay Jewelers and Jared's parent company had urged U.S. District Judge Colleen McMahon to clarify that she was not allowing the investors to sue as a class over supposedly misleading statements in its code of conduct about a harassment-free workplace. Signet, which said it was considering an appeal, believed the class claims were limited to assertions it downplayed the scope...

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New York Southern

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Securities/Commodities

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August 25, 2016

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