Lawsuit targets Men's Wearhouse parent over Jos. A. Bank-fueled stock collapse

Investors unhappy with Tailored Brands Inc.’s handling of its Jos. A. Bank acquisition are hitting the courts. A class-action lawsuit filed Tuesday alleges Tailored Brands harmed investors by not sharing accurate information about problems it was having after acquiring Jos. A. Bank in 2014. The suit, filed Tuesday in federal court for the Southern District of Texas, says that Houston-based Tailored Brands Inc. (NYSE: TLRD) disseminated “materially false and misleading statements” about its financial…

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