RADNOR, Pa., May 04, 2023 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is notifying investors that a securities class action lawsuit has been filed against Stanley Black & Decker, Inc. (“Stanley”) in the United States District Court for the District of Connecticut. SWK. The lawsuit alleges Stanley’s violations of federal securities laws, including omissions and fraudulent misrepresentations regarding the company’s business, operations and prospects. As a result of Stanley’s materially misleading statements and omissions made to the public, Stanley’s investors have suffered significant losses.

CLICK HERE SUBMIT YOUR STANLEY LOSSES. YOU CAN ALSO CLICK OR COPY AND PASTE THE FOLLOWING LINK INTO YOUR BROWSER: https://www.ktmc.com/new-cases/stanley-black-decker-inc?utm_source=PR&utm_medium=link&utm_campaign=swk&mktm=r

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LIMIT FOR THE PLAINTIFF: MAY 23, 2023

COURSE PERIOD: 28 OCTOBER 2021 TO 28 JULY 2022

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. at (484) 270-1453 or email at info@ktmc.com

Kessler Topaz is one of the world’s leading advocates for protecting the public from corporate fraud and other wrongdoing. Our securities fraud litigators are consistently recognized individually as leaders in the field, and our firm is feared and respected by both the defense and the Insurance Board. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

STANLEY’S ALLEGED MISCONDUCT
On October 28, 2021, prior to market open, Stanley issued a press release reporting key financial and operating results for the Company’s third fiscal quarter of 2021. In the press release, the company emphasized that “customer demand remains robust,” which was driven in part, “by our industry-leading innovation and strong professional demand.” Defendants falsely accused a “generally difficult supply chain environment” and…