According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that:

• The Children’s Place was engaged in aggressive promotions;
• as a result, The Children’s Place’s inventory values were overstated;
• the foregoing was reasonably likely to have an adverse impact on fiscal 2023 financial results; and
• as a result of the foregoing, defendants’ positive statements about The Children’s Place’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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