On or around 10/06/2017 (Stipulation and order of dismissal (voluntary dismissal))
Filing Date: May 05, 2017
According to the law firm press release, the lawsuit alleges throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) during the transition from legacy Kellwood systems, Vince experienced issues related to integrating its new enterprise resource planning systems; and (2) as a result, defendants’ statements about Vince’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On August 3, 2017, the Court issued an Order appointing Lead Plaintiff and Counsel.
On October 2, 2017, Plaintiff filed a Notice voluntarily dismissing this action. The Court granted an Order of Dismissal without prejudice on October 6.
Company & Securities Information
Defendant: Vince Holding Corp.
Sector: Consumer Cyclical
Headquarters: United States
Ticker Symbol: VNCE
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Seth Burroughs, et al. v. Vince Holding Corp., et al.