NEW YORK, Sept. 13, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is notifying investors that a class action lawsuit has been filed against Kohl’s Corporation (“Kohl’s” or the “Company”) KSS and certain of its officers on behalf of all persons and entities that purchased or otherwise acquired Kohl’s securities between October 20, 2020 and May 19, 2022, both dates inclusive (the “Collection Period”). Such investors are encouraged to join this case by visiting the company’s website: www.bgandg.com/kss.

This class action seeks damages against the defendants for alleged violations of federal securities laws.

The lawsuit alleges that the defendants made materially false and misleading statements regarding the Company’s business, operations and compliance policies during the class-action period. In particular, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Kohl’s strategic plan was not well tailored to achieve the Company’s stated goals; (2) the defendants had also overstated the Company’s success in executing its strategic plan; (3) Kohl’s had deficient disclosure controls and procedures, internal controls over financial reporting and corporate governance mechanisms; (4) as a result, the company’s board of directors was able to withhold from stockholders material information about the condition of Kohl’s in advance of the company’s annual meeting, which it did; (5) all of these, once discovered, would be likely to have a material adverse effect on Kohl’s financial condition and reputation; and (6) as a result, the Company’s public statements were, at all relevant times, materially false and misleading.

A class action lawsuit has already been filed. If you would like to see a copy of the complaint, you can visit the firm’s website: www.bgandg.com/kss or you can contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you…