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Lululemon faces third U.S. class action suit related to recall of black Luon pants

The front of a Lululemon Athletica store is seen in downtown Victoria, B.C., on June 9, 2013.
The front of a Lululemon Athletica store is seen in downtown Victoria, B.C., on June 9, 2013. THE CANADIAN PRESS/Jonathan Hayward

Lululemon Athletica is facing yet another class action proceeding in the United States.

Like the others, the most recent filing against the Vancouver-based retailer of high-end activewear alleges disclosure shortcomings related to the controversial recall of the company’s Luon yoga pants.

The suit was filed by Morgan & Morgan in the U.S. District Court for the Southern District of New York on behalf of investors who bought Lululemon stock between March 21 and June 10.

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