Judge Lets Investors' Securities Suit Against Lululemon Go Ahead
40, Centre Street, Civic Center, Lower Manhattan, Manhattan, New York County, New York, 10007, United States
Lululemon
CONFIRMED91% CONFIDENCEDocket entry 58, dated Mar 31, 2026: "ORDER granting in part and denying in part 53 Motion to Dismiss" by Judge Andrew L. Carter, Jr.[1]
A Manhattan federal judge partly denied Lululemon's motion to dismiss a shareholder class action over its 2023-24 statements, finding plausible claims of misleading statements and scienter, citing alleged insider trading.