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NEW YORK, Oct. 13, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Stitch Fix, Inc. ("Stitch Fix" or the "Company") (NASDAQ: SFIX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Stitch Fix and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On September 24, 2025, Stitch Fix issued a press release announcing its financial results for the fourth quarter and full fiscal year 2025, ended August 2, 2025. Among other items, Stitch Fix reported a fifteenth consecutive quarter of subscriber loss, along with weakening gross margin rates and advertising spending that is reaching 10% of revenue. During an accompanying earnings call, the Company's Chief Financial Officer warned that Stitch Fix is entering the holiday season with a "challenging macro environment," and a narrower profit margin due to higher transportation costs and "ongoing strategic investments in our client experience and assortment."
On this news, Stitch Fix's stock price fell $0.93 per share, or 16.49%, to close at $4.71 per share on September 25, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
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SOURCE Pomerantz LLP
SAN FRANCISCO, July 28, 2025 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Stitch Fix, Inc. (NASDAQ: SFIX) investors that the firm is investigating potential legal claims relating to alleged false statements about the viability of Stitch Fix's Freestyle business segment and significant insider stock sales totaling $132 million. Current shareholders are encouraged to contact the firm.
On July 9, 2025, Judge P. Casey Pitts of the U.S. District Court for the Northern District of California ruled that key claims in a securities fraud lawsuit against Stitch Fix, its former CEO, and founder could move forward. The lawsuit alleges that between June 2020 and June 2022, Stitch Fix misled investors by falsely stating that its Freestyle business segment would complement and add to its core Fix business segment. These statements allegedly caused Stitch Fix's stock to trade at artificially inflated prices. Judge Pitts found that the complaint sufficiently alleged that the defendants made false and misleading statements about these matters with an intent to defraud. During this period, various company insiders sold $132 million of Stitch Fix stock. After the truth came out in June 2022 that Freestyle had largely cannibalized potential new Fix customers and that the company was cutting 15% of its workforce, Stitch Fix's stock price fell 27%.
We are investigating potential wrongdoing by Stitch Fix's directors and officers in connection with these allegations.
If you own stock in Stitch Fix, you may have legal options. Visit https://www.classactionlawyers.com/stitchfix to learn more.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents consumers in class actions against corporate defendants, as well as shareholders in derivative actions against officers and directors. The firm is based in San Francisco and, with the help of co-counsel, litigates cases nationwide.
Contact
Dustin L. Schubert
dschubert@schubertlawfirm.com
Tel: 415-788-4220
View original content:https://www.prnewswire.com/news-releases/stitch-fix-inc-nasdaq-sfix-investor-alert-schubert-jonckheer-investigates-possible-false-claims-132-million-in-stock-sales-302514679.html
SOURCE Schubert Jonckheer & Kolbe LLP