Signet Investors Win Cert. In Harassment Statements Suit

Law360 (July 10, 2019, 6:48 PM EDT) -- A New York federal judge certified a class of investors Wednesday who claim Signet Jewelers Ltd.’s code of conduct included false statements about a harassment-free workplace that were meant to dull the impact of a separate lawsuit over its supposedly toxic workplace.

The Jared and Kay Jewelers parent company had argued class-wide consideration of the claims would “descend into a series of discrete and particularized mini-trials,” but U.S. District Judge Colleen McMahon said it’s not that complicated.

“This case can be adjudicated just as any other ordinary securities class action would: by analyzing whether the belated disclosure of the massive 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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