Judge Allows Stanley Black & Decker Stock-Drop Class Action To Move Forward

( October 7, 2026, 2:25 PM EDT) -- NEW HAVEN, Conn. — A federal judge in Connecticut denied dismissal of a lead plaintiff retirement fund’s putative class action against Stanley Black & Decker Inc. and three of its former executives for allegedly misleading investors about customer demand for the company’s products and causing the company’s stock price to drop, finding the retirement fund plausibly alleged material misstatements about consumer demand and inventory levels....