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The company moved its primary stock market listing from the London to the New York Stock Exchange on 11 September 2008, changing its name to Signet Jewelers Limited in the process. [6] The firm moved its country of domicile from the United Kingdom to Bermuda on the same day, [7] although it retains headquarters in Akron, Ohio. [1]
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The company was founded in 1910 by Henry Shaw (the father of Jerry Shaw, the chairman emeritus of Sterling today), from LeRoy's Jewelers in Lorain, Ohio. Sterling Jewelers is a wholly owned subsidiary of UK-based Signet Jewelers Limited (listed on the New York Stock Exchange under the symbol SIG), having been acquired in 1987. [2]
Defendants’ fraudulent scheme and course of business that operated as a fraud or deceit on purchasers of Zale common stock was a success, as it: (i) deceived the investing public regarding Zale’s prospects and business; (ii) artificially inflated the price of Zale common stock; (iii) allowed defendants Lenz, Forté and Gove to obtain larger ...
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