Vince Holding Corp. is a global luxury apparel and accessories group consisting of three brands: Vince, Rebecca Taylor, and Parker.

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.