Lululemon Being Sued Over Sheer Yoga Pants

A US investor has launched a class action lawsuit alleging Lululemon Athletica failed to disclose that quality defects in its luon yoga pants, which were later recalled for being too sheer, were the result of poor cost cutting. Plaintiff Houssam Alkhoury accused the company of making misleading statements and omissions that caused it’s stock price to become artificially inflated (Read…
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