Entwistle & Cappucci LLP Appointed As Lead Counsel in Securities Class Action Against Capri Holdings Limited and Tapestry, Inc.

March 10, 2025

On March 7, 2025, the United States District Court for the District of Delaware appointed Entwistle & Cappucci LLP as Lead Counsel in the securities class action against Capri Holdings Limited (“Capri”), Tapestry, Inc. (“Tapestry”) and related defendants (collectively, “Defendants”). The case is brought on behalf of a class consisting of all persons who purchased Capri common stock or sold Capri puts between August 10, 2023 and October 24, 2024, both dates inclusive.

The action alleges that Defendants repeatedly issued or caused to be issued materially false and misleading statements or omitted material facts concerning the proposed $8.5 billion acquisition of Capri by Tapestry and the inherent risk of regulatory scrutiny of the acquisition based on violations of federal antitrust laws.

In the coming months, E&C will file a comprehensive consolidated complaint, which will contain additional facts we obtain in our ongoing investigation.