Pomerantz LLP is investigating lululemon athletica inc. and certain officers and directors over potential securities fraud and other unlawful business practices. The inquiry follows the company’s September 3, 2026, second-quarter fiscal 2026 results, which included lower-than-expected revenue and sharply reduced full-year revenue and earnings guidance. Management cited negative media and social-media commentary, weaker-than-planned new-product launches and softer store traffic. Lululemon shares fell $21.16, or 17.38%, to $100.61 on September 4. Bleichmar Fonti & Auld LLP, also known as BFA Law, separately announced an investigation into the company after the same decline and earlier share-price drops tied to leadership changes, lower gross margins and slowing sales trends.