GIII - Glancy Prongay & Murray LLP a Leading Securities Fraud Law Firm Continues Investigation of G-III Apparel Group Ltd. (GIII) on Behalf of Investors | Benzinga
LOS ANGELES, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, continues its investigation on behalf of G-III Apparel Group, Ltd. ("G-III" or the "Company") (NASDAQ:GIII) investors concerning the Company's possible violations of the federal securities laws.
If you suffered a loss on your G-III investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/G-III-Apparel-Group-Ltd/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
On November 30, 2022, G-III announced third quarter operating results, disclosing that higher inventory levels caused "logistical challenges within [its] distribution centers." As a result, the Company reported "significant" charges in the third quarter "that were above [its] expectations, which adversely impacted [its] bottom line by approximately ...
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