Press release
Investigation for Investors in shares of Torrid Holdings Inc (NYSE: CURV) over possible Violations of Securities Laws announced
An investigation for investors in Torrid Holdings Inc (NYSE: CURV) shares over potential securities laws violations.
Investors who purchased shares of Torrid Holdings Inc (NYSE: CURV), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Torrid Holdings Inc (NYSE: CURV) concerning whether a series of statements by Torrid Holdings Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
City of Industry, CA based Torrid Holdings Inc. operates in women's plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid and Torrid Curve brand names
Torrid Holdings Inc. reported that its annual Total Revenue rose from $973.51 million for the 12 months period that ended on January 31, 2021, to over $1.27 billion for the 12 months period that ended on January 31, 2022, and that its Net Income of $24.53 million for the 12 months period that ended on January 31, 2021, turned into a Net Loss of $29.94 million for the 12 months period that ended on January 31, 2022.
On or around July 1, 2021, Torrid Holdings Inc conducted its initial public offering ("IPO"), the company sold 11 million shares for $21.
Since the IPO shares of Torrid Holdings Inc (NYSE: CURV) declined to as low as $3.70 per share on July 27, 2022.
Those who purchased shares of Torrid Holdings Inc (NYSE: CURV) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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