SWK ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of May 23, 2023 in the Class Action Filed on Behalf of Stanley Black & Decker, Inc. Shareholders

NEW YORK, May 2, 2023

Class Period: October 28, 2021 to July 28, 2022
Lead Plaintiff Deadline: May 23, 2023
No obligation or cost to you.

Learn more about your recoverable losses in SWK:
https://www.kleinstocklaw.com/pslra-1/stanley-black-decker-inc-loss-submission-form?id=38631&from=4

Stanley Black & Decker, Inc. NEWS - SWK NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Stanley Black & Decker, Inc. made materially false and/or misleading statements and/or failed to disclose that:  (i) rising interest rates, inflation, and trends in returning to work away from home were in fact quickly eroding then-heightened demand for Stanley's tools and outdoor products; (ii) the heightened, extraordinary demand Stanley had enjoyed as a result of the COVID-19 pandemic in 2021 into 2022 was returning to 2019 pre-pandemic levels; (iii) Stanley's operations were already showing signs of slowing demand; (iv) as a result of reorganization, share repurchasing, and dividend growth, Stanley lacked the cash to react with agility to changes in demand; and (v) as a result of Stanley's inability to react to a sharp decline in demand, the Company's results and metrics, particularly sales volume, were severely negatively impacted. As a result of the foregoing, Stanley's public statements were materially false and misleading at all relevant times.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Stanley you have until May 23, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Stanley securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.