{"id":687845,"date":"2022-09-22T05:48:17","date_gmt":"2022-09-22T09:48:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/"},"modified":"2022-09-22T05:48:17","modified_gmt":"2022-09-22T09:48:17","slug":"sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/","title":{"rendered":"SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 22, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in <b>Stitch Fix, Inc.<\/b> (&#8220;Stitch Fix&#8221; or the &#8220;Company&#8221;) (NASDAQ: SFIX) of a class action securities lawsuit.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1687309\/LK_1920x1080_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1687309\/LK_1920x1080_Logo.jpg\" title=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" alt=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>CLASS DEFINITION: <\/b>The lawsuit seeks to recover losses on behalf of Stitch Fix investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of purchasers of Stitch Fix Class A common stock between <span class=\"xn-chron\">December 8, 2020<\/span>, and <span class=\"xn-chron\">March 8, 2022<\/span>, inclusive. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p>\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655865-1&amp;h=2574223882&amp;u=https%3A%2F%2Fwww.zlk.com%2Fpslra-1%2Fstitch-fix-class-action-loss-submission-form%3Fprid%3D32014%26wire%3D4&amp;a=https%3A%2F%2Fwww.zlk.com%2Fpslra-1%2Fstitch-fix-class-action-loss-submission-form%3Fprid%3D32014%26wire%3D4\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.zlk.com\/pslra-1\/stitch-fix-class-action-loss-submission-form?prid=32014&amp;wire=4<\/a>\n      <\/p>\n<p>\n        <b>SFIX<\/b>\u00a0investors may also contact <span class=\"xn-person\">Joseph E. Levi, Esq.<\/span> via email at\u00a0<a href=\"mailto:jlevi@levikorsinsky.com\" target=\"_blank\" rel=\"nofollow noopener\">jlevi@levikorsinsky.com<\/a>\u00a0or by telephone at (212) 363-7500.<\/p>\n<p>\n        <b>CASE DETAILS: <\/b>According to the filed complaint, Stitch Fix made numerous false and misleading statements to investors concerning the synergy between the Company&#8217;s Fix and Freestyle programs, and repeatedly denied claims that the Freestyle program could cannibalize the Company&#8217;s legacy Fix business. Specifically, Stitch Fix repeatedly assured investors that the Company&#8217;s Freestyle business was &#8220;an additive experience&#8221; and &#8220;complementary&#8221; to the Fix business, that &#8220;the combination of those two things will allow us to address many more types of clients,&#8221; and that &#8220;we see solid growth in both sides of the business.&#8221; In truth, Stitch Fix concealed that these programs were not complementary or additive. Stitch Fix knew that the Freestyle program would be much preferred to the Company&#8217;s original Fix model and that the Freestyle program would inevitably cannibalize the Company&#8217;s legacy Fix business.<\/p>\n<p>\n        <b>WHAT&#8217;S NEXT? <\/b>If you suffered a loss in Stitch Fix during the relevant time frame, you have until <b><span class=\"xn-chron\">October 25, 2022<\/span><\/b>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <b>NO COST TO YOU: <\/b>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <b>There is no cost or obligation to participate.<\/b><\/p>\n<p>\n        <b>WHY LEVI &amp; KORSINSKY: <\/b>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in <span class=\"xn-location\">the United States<\/span>.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/><span class=\"xn-person\">Joseph E. Levi, Esq.<\/span><br \/><span class=\"xn-person\">Ed Korsinsky, Esq.<\/span><br \/>55 Broadway, 10th Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10006<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" target=\"_blank\" rel=\"nofollow noopener\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655865-1&amp;h=786930333&amp;u=http%3A%2F%2Fwww.zlk.com&amp;a=www.zlk.com\" target=\"_blank\" rel=\"nofollow noopener\">www.zlk.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY80765&amp;sd=2022-09-22\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/sfix-lawsuit-alert-levi--korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-301630481.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/sfix-lawsuit-alert-levi&#8211;korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-301630481.html<\/a><\/p>\n<p>SOURCE  Levi &amp; Korsinsky, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY80765&amp;Transmission_Id=202209220545PR_NEWS_USPR_____NY80765&amp;DateId=20220922\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , Sept. 22, 2022 \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in Stitch Fix, Inc. (&#8220;Stitch Fix&#8221; or the &#8220;Company&#8221;) (NASDAQ: SFIX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stitch Fix investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of purchasers of Stitch Fix Class A common stock between December 8, 2020, and March 8, 2022, inclusive. Follow the link below to get more information and be contacted by a member of our team: https:\/\/www.zlk.com\/pslra-1\/stitch-fix-class-action-loss-submission-form?prid=32014&amp;wire=4 SFIX\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the filed complaint, Stitch &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687845","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Sept. 22, 2022 \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in Stitch Fix, Inc. (&#8220;Stitch Fix&#8221; or the &#8220;Company&#8221;) (NASDAQ: SFIX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stitch Fix investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of purchasers of Stitch Fix Class A common stock between December 8, 2020, and March 8, 2022, inclusive. Follow the link below to get more information and be contacted by a member of our team: https:\/\/www.zlk.com\/pslra-1\/stitch-fix-class-action-loss-submission-form?prid=32014&amp;wire=4 SFIX\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the filed complaint, Stitch &hellip; Continue reading &quot;SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-22T09:48:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1687309\/LK_1920x1080_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. 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Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/","og_locale":"en_US","og_type":"article","og_title":"SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk","og_description":"PR Newswire NEW YORK , Sept. 22, 2022 \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in Stitch Fix, Inc. (&#8220;Stitch Fix&#8221; or the &#8220;Company&#8221;) (NASDAQ: SFIX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stitch Fix investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of purchasers of Stitch Fix Class A common stock between December 8, 2020, and March 8, 2022, inclusive. Follow the link below to get more information and be contacted by a member of our team: https:\/\/www.zlk.com\/pslra-1\/stitch-fix-class-action-loss-submission-form?prid=32014&amp;wire=4 SFIX\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the filed complaint, Stitch &hellip; Continue reading \"SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-22T09:48:17+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1687309\/LK_1920x1080_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sfix-lawsuit-alert-levi-korsinsky-notifies-stitch-fix-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-4\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SFIX LAWSUIT ALERT: Levi &amp; Korsinsky Notifies Stitch Fix, Inc. 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