03/13 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Foot Locker, Inc. [NYSE: FL]
Oklahoma City, OK (March 13, 2018) – On March 9, 2018, a securities class action lawsuit was filed in the United States District Court for the Eastern District of New York against Foot Locker, Inc. (NYSE: FL). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is August 19, 2016 through August 17, 2017. More specifically, this litigation […]