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Children's Clothing Co. Overstated Sales Prospects, Suit Says

By Sydney Price (February 29, 2024, 8:42 PM EST) -- Children's clothing retailer and wholesaler The Children's Place artificially inflated stock prices by overstating sales guidance and concealing its promotion strategy, damaging investors when disappointing financial results and a guidance-cut announcement led to a share decline, according to a recent proposed class action....

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