SAN DIEGO, Sept. 03, 2022 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistula, LLP announces that a class action lawsuit has been filed on behalf of investors in Kohl’s Corporation (“Kohl’s” or the “Company”) (NYSE: KSS). The class action is being brought on behalf of shareholders who purchased or otherwise acquired Kohl’s securities between October 20, 2020 and May 19, 2022, both dates inclusive (the “Class Period”). Investors are hereby notified that they have until November 1, 2022 to request the court to appear as lead plaintiff in this lawsuit.

What actions can I take at this time? If you have suffered a loss and would like to learn more about being a lead plaintiff, please contact Jim Baker ([email protected]) by email or phone at 619-814-4471. When emailing, please include your phone number.

To participate in this promotion you can click on the following link or copy and paste it into a browser:

https://www.johnsonfistel.com/investigations/kohls-kss-class-action

There are no costs or obligations for you.

The lawsuit alleges that the defendants made materially false and misleading statements regarding the Company’s business, operations and compliance policies throughout the class period. In particular, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Kohl’s strategic plan was not well tailored to achieve the Company’s stated goals; (ii) the defendants also overstated the Company’s success in implementing its strategic plan; (iii) Kohl’s had inadequate disclosure controls and procedures, internal controls over financial reporting and corporate governance mechanisms; (iv) as a result, the Company’s Board of Directors was able to withhold from shareholders material information regarding the condition of Kohl’s in advance of the Company’s annual meeting; (v) all of the foregoing, if discovered, would be likely to have a material adverse effect on Kohl’s financial condition and reputation; and (vi) consequently the…