SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Signet Jewelers Limited To Contact The Firm Before Lead Plaintiff Deadline

NEW YORK, Sept. 20, 2016

The lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all those who purchased Signet securities between January 7, 2016 and June 3, 2016 (the "Class Period").  The case, Dube v. Signet Jewelers Limited et al, No. 1:16-cv-06728 was filed on August 25, 2016.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose that the Company was experiencing difficulty ensuring the safety of customers' jewelry while in the custody of Signet's brands causing a negative impact on its financial performance and customer confidence.

Specifically, on May 25, 2016, BuzzFeed News reported on occurrences of diamond swapping in connection with the Company's Kay stores. The news report recounted the stories of multiple Kay customers whose diamonds were swapped out for much less expensive stones while the customers' jewelry was in the custody of Kay, typically for repair.

After the report, Signet's share price fell from $108.37 per share on May 25, 2016 to a closing price of $97.00 on May 25, 2016 —a $11.37 or a 10.49% drop.

Then, on June 3, 2016, the Company issued a press release entitled "Signet Jewelers Issues Statement Regarding Its Longstanding Commitment to Superior Customer Service and Rigorous Product Quality Procedures" in which the Company appeared to confirm the occurrence of instances of "diamond swapping" at the Company's stores.

After the announcement, Signet's share price fell from $92.23 per share on June 2, 2016 to a closing price of $88.19 on June 3, 2016—a $4.04 or a 4.38% drop.