SAN DIEGO, Sept. 27, 2022 (GLOBE NEWSWIRE) — The Shareholders Foundation, Inc. announces that a lawsuit is pending against certain investors in Kohl’s Corporation stock KSS.

Investors who bought Kohl’s Corporation KSS Those who purchase shares prior to October 2020 and continue to hold any of their NYSE: KSS stock also have certain options and should contact the Shareholders Foundation at mail@aktionärsstiftung.com or call +1 (858) 779-1554.

On September 2, 2022, a lawsuit was filed against Kohl’s Corporation alleging violations of securities laws. The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Kohl’s strategic plan was not well tailored to achieve the company’s stated goals, that the defendants also questioned the company’s success in implementing its strategic plan overstated that Kohl’s had inadequate disclosure controls and procedures, internal controls over financial reporting and corporate governance mechanisms in place that enabled the company’s board of directors to withhold from shareholders material information about Kohl’s pre-company condition and AGM that all of this, once known, was likely to have a material adverse effect on Kohl’s financial condition and reputation and that the company’s public statements were therefore, at all relevant times, materially false and misleading.

Those who bought Kohl’s Corporation KSS Shares please contact the Shareholders Foundation, Inc.

CONTACT:
Shareholder Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@aktionärsstiftung.com
3111 Camino Del Rio North
Episode 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement filing service that conducts research on shareholder matters and keeps investors informed of securities class actions, settlements, judgments and other stock/financial market legal news. That…