If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by October 7, 2024. About the Lawsuit Lululemon and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (1) the Company was struggling with inventory allocation and color palette execution issues; (2) as a result, the Company's Breezethrough product launch underperformed and the Company was experiencing stagnating sales in the Americas region; and (3) as a result of the foregoing, the Company's positive statements about the its business, operations, and prospects were materially misleading and/or lacked a reasonable basis. The case is Patel v. Lululemon Athletica Inc., et al., No. 24-cv-06033.