SAN DIEGO, March 1, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP today announced that it is investigating whether certain officers or directors of Signet Jewelers Limited (NYSE: SIG) violated federal laws. Signet engages in the retail sale of diamond jewelry and watches.
On Monday, February 27, 2017, The Washington Post reported that a subsidiary of Signet discriminated against female employees. Additionally, about 250 female employees testified in arbitration filings that male managers and executives engaged in rampant sexual harassment for years.
A private arbitrator ruled that about 69,000 current and former female sales associates of mall jewelry stores Kay and Jared, owned by a subsidiary of Signet, can sue for discrimination and back wages.
On the news, shareholders suffered damages as shares of Signet fell nearly 13 percent.
If you are a shareholder of Signet and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (email@example.com) by email or phone at 619-814-4471. If emailing, please include a phone number.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/signet-sig-alert-johnson--weaver-llp-commences-an-investigation-of-alleged-sexual-harassment-and-discrimination-at-signet-jewelers-limited-subsidiary-signet-investors-encouraged-to-contact-the-firm-300416554.html
SOURCE Johnson & Weaver, LLP