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The Pension Trust v. J. Jill, Inc. et al
Case Number:
1:17-cv-11980
Court:
Nature of Suit:
Judge:
Firms
- Andrews DeValerio
- Burns & Levinson
- Glancy Prongay
- Goodwin Procter
- Hutchings Barsamian
- Paul Weiss
- Robbins Geller
Companies
Sectors & Industries:
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December 20, 2018
Investor Suit Against Apparel Retailer J.Jill Doesn't Fit: Judge
A Massachusetts federal judge dismissed three consolidated stock-drop suits against women's apparel company J.Jill on Thursday, ruling that the company had not made material omissions just three days after he heard oral arguments on the company's motion to kick the claims.
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December 17, 2018
Apparel Retailer J. Jill Says Investor Suit Lacks Substance
Investors have no grounds to bring three consolidated suits against women's apparel company J. Jill, the retailer argued Monday in Boston federal court, suggesting they were reading too much into a conference call statement by the company's chief financial officer in an attempt to say he failed to disclose warning signs of a downturn after an initial public offering.
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October 27, 2017
Investors Sue Women's Retailer After Post-IPO Stock Drop
Investors in the debut shares of J. Jill have filed three proposed securities class actions in Massachusetts federal court, blaming a tepid public launch and subsequent, dramatic stock drop on overstatements they say the women's apparel company made about being immune to the decline of brick-and-mortar retail stores.