EQUITY ALERT UPDATE: Rosen Law Firm Updates Signet Jewelers Limited Investors Regarding Lead Plaintiff Motion Deadline in Class Action Filed by Firm – SIG

NEW YORK, May 15, 2017 -- Pursuant to a May 12, 2017 Order by Judge Jesse M. Furman, Rosen Law Firm, a global investor rights law firm, is updating purchasers of Signet Jewelers Limited securities (NYSE:SIG) from August 29, 2013 through February 27, 2017 (the “Class Period”) that the Court has ordered that the lead plaintiff deadline in the class action filed by the firm in the United States District Court for the Northern District of Texas, Case No. 17-cv-00923, which was subsequently transferred to the United States District Court for the Southern District of New York and consolidated into Case No. 16-cv-6728 is July 5, 2017. The lawsuit seeks to recover damages for Signet investors under the federal securities laws.

To join the Signet class action, go to http://rosenlegal.com/cases-1064.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

The complaint alleges that defendants during the Class Period issued false and misleading statements and/or failed to disclose that alleged sexual harassment by employees of Signet’s Sterling Family of Jewelers division (“Sterling”), including numerous incidents of sexual assault and rape, which were detailed in approximately 249 declarations signed under penalty of perjury by current and former Sterling employees, made it unlikely that Signet would be able to avoid paying a sizable amount of damages in connection with a class action lawsuit filed by Sterling employees. As a result of this information being withheld from the market, Signet’s stock traded at artificially inflated prices during the Class Period, reaching a high of $150.94 per share. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 5, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://rosenlegal.com/cases-1064.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY  10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com