CPRI LEGAL UPDATE: What Does The Capri Holdings Class Action Mean For You? Contact BFA Law By February 21 Court Deadline (NYSE:CPRI)
On April 22, 2024, the FTC brought an action to enjoin the acquisition given its anticompetitive effects. Capri and Tapestry, however, strongly disputed the FTC's allegations and insisted that the acquisition would be“pro-consumer” and have no negative effects on competition.