Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Stanley Black & Decker, Inc. ("Stanley") (NYSE: SWK) common stock between October 28, 2021 and July 28, 2022, inclusive (the “Class Period”).
Stanley is a global manufacturer of hand tools, power tools, and outdoor products for consumer and commercial use, as well as engineered fastening systems for industrial use.
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the heightened demand that Stanley had enjoyed as a result of the COVID-19 pandemic was decreasing to 2019 pre-pandemic levels; (2) Stanley’s operations were already showing signs of slowing demand through, among other things, inventory levels rising and free cash flow contracting; (3) in attempt to obscure the falling demand, Stanley executed an undisclosed pull-in of customer orders; and (4) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
On December 18, 2025, Defendants filed a Motion to Dismiss the Amended Complaint. The Motion is currently being briefed by the parties. This action is ongoing.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.