Fashion Co. Torrid Execs Hit With Derivative Shareholder Suit
By Katryna Perera ( October 3, 2023, 6:41 PM EDT) -- A stockholder of clothing retailer Torrid Holdings Inc. has filed a derivative suit against several of the company's current and former executives, alleging they issued misleading statements to boost investor interest in Torrid's $265 million initial public offering and failed to disclose manufacturing issues the company was facing....
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