Canada Goose Holdings Inc. Securities Litigation

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Lawsuit Overview

Defendant:Canada Goose Holdings Inc.
Date Filed:September 3rd, 2019
Sector:Consumer Non-Durables
Industry:Apparel

According to the Complaint, Canada Goose designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Canada Goose sourced the down and fur used in its clothing products in a way that treated animals in an unethical and inhumane manner; (ii) Canada Goose was thus non-compliant with relevant FTC regulations pertaining to false advertising with respect to its sourcing practices; (iii) accordingly, Canada Goose was the subject of an ongoing FTC investigation regarding false advertising; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

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First Identified Complaint

Li Hong Cheng, et al. v. Canada Goose Holdings Inc., et al.

Date Filed:September 3rd, 2019
Class Period Start:March 16th, 2017
Class Period End:August 1st, 2019
First Identified Complaint Filings
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