Press release
Lawsuit filed for Investors in Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) in effort to Recover Losses

A lawsuit was filed on behalf of investors in Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) shares.
Investors, who purchased a significant amount of shares of Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) between November 8, 2022 and June 9, 2023, have certain options and for certain investors are short and strict deadlines running. Deadline: October 2, 2023. Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Woodcliff Lake, NJ based Party City Holdco Inc. designs, manufactures, sources, and distributes party goods worldwide.
On January 17, 2023, Party City Holdco Inc. abruptly filed for bankruptcy, disclosing the Company's ongoing liquidity shortfall, its need for loans beyond credit lines available, and its inability to find lenders willing to provide those loans.
On June 9, 2023, Party City Holdco Inc. further revealed that its audit firm had resigned due to a disagreement about the Company's decision to not include a "going concern" warning in its third quarter 2022 financial report, which would have alerted investors to the Company's potential inability to continue as a going concern. Furthermore, the Company also disclosed that there was a "material weakness in internal control over financial reporting" at the time of the third quarter 2022 10-Q.
The plaintiff claims that between November 8, 2022 and June 9, 2023, the defendants made false statements and/or concealed that the Company affirmatively misrepresented that its capital resources "will be adequate to meet our liquidity needs for at least the next 12 months", that omitted that there was substantial doubt about the Company's ability to continue as a going concern, that downplayed the nature and extent of the Company's then-existing liquidity problems, that omitted that the Company's existing credit facilities were insufficient to satisfy its operational needs and that it was unable to obtain additional loans in the normal course of business, and that omitted that there was a material weakness in its internal control over financial reporting.
Those who purchased shares of Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) 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.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Lawsuit filed for Investors in Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) in effort to Recover Losses here
News-ID: 3159042 • Views: …
More Releases from Shareholders Foundation
 
                                            
                                                    Lawsuit Alert: Investors who lost money with James Hardie Industries plc (NYSE:  …                                                
                                            
                                        
                                            An investor, who purchased shares of James Hardie Industries plc (NYSE: JHX), filed a lawsuit over alleged violations of Federal Securities Laws by James Hardie Industries plc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of James Hardie Industries plc (NYSE: JHX) have certain options and for certain investors are short and strict deadlines running. Deadline: December 23, 2025. NYSE: JHX investors should contact the Shareholders…  
                                        
                                     
                                            
                                                    Investigation announced for Long-Term Investors in SelectQuote, Inc. (NYSE: SLQT …                                                
                                            
                                        
                                            An investigation on behalf of current long-term investors in shares of SelectQuote, Inc. (NYSE: SLQT) concerning potential breaches of fiduciary duties by certain directors and officers of SelectQuote, Inc. was announced. 
Investors who are current long term investors in SelectQuote, Inc. (NYSE: SLQT) shares, 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 for current long term…  
                                        
                                     
                                            
                                                    Lawsuit filed for Investors who lost money with shares of MoonLake Immunotherape …                                                
                                            
                                        
                                            An investor, who purchased shares of MoonLake Immunotherapeutics (NASDAQ: MLTX), filed a lawsuit over alleged violations of Federal Securities Laws by MoonLake Immunotherapeutics in connection with certain allegedly false and misleading statements.
Investors who purchased a significant amount of shares of MoonLake Immunotherapeutics (NASDAQ: MLTX) between March 10, 2024 and September 29, 2025, have certain options and for certain investors are short and strict deadlines running. Deadline: December 15, 2025. NASDAQ:…  
                                        
                                     
                                            
                                                    Dow Inc. (NYSE: DOW) Investor Alert: Deadline in Lawsuit on October 28, 2025                                                
                                            
                                        
                                            A deadline is coming up on October 28, 2025 in the lawsuit filed for certain investors of Dow Inc. (NYSE: DOW) over alleged securities laws violations by Dow Inc. 
Investors who purchased shares of Dow Inc. (NYSE: DOW) have certain options and there are strict and short deadlines running. Deadline: October 28, 2025. Dow Inc. (NYSE: DOW) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -…  
                                        
                                    More Releases for PRTY
                                                    Deadline coming up on Oct. 2nd in Lawsuit for certain Investors in Party City Ho …                                                
                                            
                                        
                                            A deadline is coming up on October 2, 2023 in the lawsuit filed for certain investors of Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) over alleged securities laws violations by Party City Holdco Inc.
Investors who purchased shares of Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) have certain options and there are strict and short deadlines running. Deadline: October 2, 2023 . Party City Holdco Inc. (OTC:…  
                                        
                                    
                                                    Investigation announced for Investors in Party City Holdco Inc. (NYSE: PRTY) ove …                                                
                                            
                                        
                                            An investigation on behalf of investors in shares of Party City Holdco Inc. (NYSE: PRTY) was announced over potential breaches of fiduciary duties by certain officers and directors at Party City Holdco Inc.
Investors who purchased shares of Party City Holdco Inc. (NYSE: PRTY) 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 Party City…