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Deadline on September 27th coming up in Lawsuit for Investors in Weber Inc. (NYSE: WEBR)

09-09-2022 05:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on September 27, 2022 in the lawsuit for certain investors in Weber Inc. (NYSE: WEBR).

A Deadline is coming up on September 27, 2022 in the lawsuit for certain investors in Weber Inc. (NYSE: WEBR).

A deadline is coming up on September 27, 2022 in the lawsuit filed for certain investors of Weber Inc. (NYSE: WEBR) over alleged securities laws violations by Weber Inc.

Investors who purchased shares of Weber Inc. (NYSE: WEBR) have certain options and there are strict and short deadlines running. Deadline: September 27, 2022. NYSE: WEBR stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges on behalf of purchasers of Weber Inc. (NYSE: WEBR) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Defendants failed to disclose to investors that Weber was reasonably likely to implement price increases, that, as a result, consumer demand for Weber's products was reasonably likely to decrease, that, due to the resulting inventory buildup, Weber was reasonably likely to run promotions to "enhance retail sell through", that the foregoing would adversely impact Weber's financial results, and that that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Weber Inc. (NYSE: WEBR) 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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