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Stock impact report

PLCE Investors Have Opportunity to Lead The Children's Place, Inc. Securities Fraud Lawsuit

Children's Place, Inc. (The) (PLCE) 
Last children's place, inc. (the) earnings: 3/17 07:32 am Check Earnings Report
Company Research Source: PR Newswire
BENSALEM, Pa., April 18, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against The Children's Place, Inc. ("The Children's Place" or the "Company") (NASDAQ: PLCE).Class Period: March 16, 2023 – February 8, 2024Lead Plaintiff Deadline: April 29, 2024Investors suffering losses on their The Children's Place investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the Company was engaged in aggressive promotions; (2) that, as a result, the Company's inventory values were overstated; (3) that the foregoing was reasonably likely to have an adverse impact on fiscal 2023 financial results; and (4) that, as a result of the foregoing, Show less Read more
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