The Gap, Inc.

Ticker: GPS

Class Period Start: 11/04/2021

Class Period End: 07/11/2022

Registration Deadline: 02/03/2023

A securities class action has been filed in the USDC – E.D.N.Y. against The Gap, Inc. (GPS) on behalf of persons or entities who purchased or otherwise acquired publicly traded Gap securities between November 24, 2021 through July 11, 2022.

According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements regarding the Company’s:

  • there were execution missteps in size and assortment at Old Navy related to BODEQUALITY which were adversely impacting Old Navy’s margins and financial results;
  • contrary to the Company’s statements, there were inventory risks relating to BODEQUALITY that were actually existing that were adversely affecting the Company’s operations; and
  • as a result the Company’s statements during the Class Period about the historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company, and were materially false and misleading, and lacked a factual basis.

If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.

An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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