Signal category

Torrid: Legal & Risk intelligence

Legal, regulatory and reputational exposure: litigation, investigations, recalls, compliance issues and controversies.

4 signals for Torrid · Last updated 27 December 2024

Signal stories

Facing Class Action Lawsuits Over Major Data Breach
Legal & Risk · Emerging · 27 December 2024
Torrid is implicated in a major data breach, described as potentially the 'largest retail breach in history,' and is currently facing multiple class action lawsuits alleging exposure of customer personal and payment…
Shareholder Claims Under Investigation
Legal & Risk · Emerging · 18 November 2024
Pomerantz Law Firm has initiated an investigation into claims on behalf of investors of Torrid Holdings Inc., indicating potential legal scrutiny regarding corporate actions or disclosures.
Involvement in Guatemalan Supply Chain Labor Dispute
Legal & Risk · Stable · 7 February 2023
Torrid is involved in a labor dispute at a Guatemalan garment factory (JNB Global), raising concerns about ethical sourcing and labor compliance within its supply chain.
Historical Creditor Lawsuit Following Hot Topic Spinoff
Legal & Risk · Historical · 10 November 2017
Torrid faced a creditor lawsuit from bondholders alleging a lowballed sum during its spinoff from Hot Topic, indicating a past legal dispute over financial obligations related to corporate restructuring.

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