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Class action lawsuit filed against lululemon over tariff-related price hikes and retained refunds.

Market News
04 Nov 2026, 16:00 WIB
GlobeNewsWire
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Bearish
Class action lawsuit filed against lululemon over tariff-related price hikes and retained refunds.

A securities class action lawsuit has been filed against lululemon athletica, alleging the company wrongfully kept both the tariff-induced price overcharges from consumers and the refunds from the government after tariffs were invalidated by the Supreme Court. The lawsuit covers investors who bought lululemon stock between March 18 and September 3, 2026, claiming the company engaged in deceptive practices by shifting tariff costs to consumers without compensation. Investors affected have until January 4, 2027, to seek lead plaintiff status and recover losses. The case highlights potential financial risks for shareholders and ongoing legal scrutiny of corporate pricing strategies amid tariff disputes.

Lululemon Athletica's stock price on Pluang is currently USD 110.18 as of November 4, 2026, 21:12 WIB. The stock has gained 3.02% in the last day despite ongoing legal challenges. Trading volume on Pluang reached 2,128,986 shares, with 90% of orders being sell orders at this time.

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