Gibbons' Securities Team Co-Chair to Defend The Children's Place Specialty Retailer
Attorney Donald A. Ecklund, a partner with Carella, Byrne Cecchi, Brody & Agnello in Roseland, New Jersey, filed the suit on behalf of Randeep Singh Khalsa against The Children's Place, and its top leaders, on Feb. 28 in the U.S. District Court for the District of New Jersey after the company announced its preliminary fourth-quarter fiscal year 2023 financial results.
April 01, 2024 at 03:57 PM
3 minute read
Securities LitigationGibbons' co-chair of the firm's securities team, Samuel Portnoy, will be one of the attorneys representing youth clothing store The Children's Place in a securities class action that accuses the company of failing to disclose "aggressive" promotions that resulted in overstated inventory values and adverse financial projections.
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