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Tag Archives: SFIX

Stitch Fix Fails To Disclose Material Change To Business Model To Investors Detriment

A class action lawsuit was recently filed against Stitch Fix Inc. (NASDAQ: SFIX) after Stich Fix and certain of its executives were charged with failing to disclose material information as required by federal securities laws. Stitch Fix sells a range of apparel, shoes, and accessories through its website and mobile application. Traditionally, Stitch Fix sold…