Press release
Investigation announced for Investors in FIGS, Inc. (NYSE: FIGS) over potential Wrongdoing
An investigation on behalf of investors in FIGS, Inc. (NYSE: FIGS) shares over potential wrongdoing at FIGS, Inc. was announced.
Investors who purchased shares of FIGS, Inc. (NYSE: FIGS) 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 concerns whether certain FIGS, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Santa Monica, CA based FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States.
FIGS, Inc reported that its annual Total Revenue rose from $263.11 million in 2020, to $419.59 million in 2021, and that its Net Income of $49.75million in 2020 turned into a Net Loss of $9.55 million in 2021.
Shares of FIGS, Inc. (NYSE: FIGS) declined from $23.93 per share on April 7, 2022, to as low as $7.97 per share on June 7, 2022.
Those who purchased shares of FIGS, Inc. (NYSE: FIGS) 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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