Press release
Investigation announced for Long-Term Investors in shares of The Lovesac Company (NASDAQ: LOVE) over potential Wrongdoing
An investigation on behalf of current long term investors in The Lovesac Company (NASDAQ: LOVE) shares.
Investors who are current long term investors in The Lovesac Company (NASDAQ: LOVE) 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 investors in NASDAQ: LOVE stocks follows a lawsuit filed against The Lovesac Company over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: LOVE stocks, concerns whether certain Lovesac Company directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of Connecticut the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that Lovesac did not properly account for last mile shipping and freight expenses, that accordingly, Lovesac's disclosure controls and procedures and internal control over financial reporting were ineffective and deficient, that as a result of all the foregoing, Lovesac overstated its gross profit and operating and net income, as well as understated its shipping and handling costs and accrued freight and shipping expenses, in its previously issued financial statements, that accordingly, Lovesac was likely to restate one or more of its previously issued financial statements, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of The Lovesac Company (NASDAQ: LOVE) 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 Investigation announced for Long-Term Investors in shares of The Lovesac Company (NASDAQ: LOVE) over potential Wrongdoing here
News-ID: 3714721 • Views: …
More Releases from Shareholders Foundation, Inc.
Ready Capital Corporation (NYSE: RC) Long Term Investor Investigation of potenti …
An investigation was announced for potential breaches of fiduciary duties by certain directors and officers of Ready Capital Corporation.
Investors who are current long term investors in Ready Capital Corporation (NYSE: RC) 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 investors in NYSE: RC stocks follows a lawsuit filed against Ready…
Investigation announced for Long-Term Investors in shares of Digimarc Corporatio …
An investigation was announced for current long-term investors in shares of Digimarc Corporation (NASDAQ: DMRC) concerning potential breaches of fiduciary duties by certain directors of Digimarc Corporation.
Investors who are current long term investors in Digimarc Corporation (NASDAQ: DMRC) 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 investors in NASDAQ: DMRC…
Ultra Clean Holdings, Inc. (NASDAQ: UCTT) Investor Alert: Deadline in Lawsuit on …
A deadline is coming up on May 23, 2025 in the lawsuit filed for certain investors of Ultra Clean Holdings, Inc. (NASDAQ: UCTT) over alleged securities laws violations by Ultra Clean Holdings, Inc.
Investors who purchased shares of Ultra Clean Holdings, Inc. (NASDAQ: UCTT) have certain options and there are strict and short deadlines running. Deadline: May 23, 2025. Ultra Clean Holdings, Inc. (NASDAQ: UCTT) stockholders should contact the Shareholders…
Lawsuit filed for Investors who lost money with shares of West Pharmaceutical Se …
An investor, who purchased shares of West Pharmaceutical Services, Inc. (NYSE: WST), filed a lawsuit in the U.S. District Court for the Eastern District of Pennsylvania over alleged violations of Federal Securities Laws by West Pharmaceutical Services, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of West Pharmaceutical Services, Inc. (NYSE: WST) have certain options and for certain investors are short and strict deadlines running.…
More Releases for Lovesac
Bean Bag Chairs Market to Witness Rise in Revenues During the Period 2020 - 2030
Maximizing the use of small spaces with smart solutions is a popular trend in the designing industry. Bean bag chairs are one of the best furnishing options that support this popular trend, as these chairs are handy, flexible, and also help maintain the attractiveness of the décor. This is one of the most important product properties that stimulate their demand in the market. These chairs are more likely to be…
Bean Bag Sofas Market Technology, Recent Trends, Demand, Future Growth, Product, …
This Bean Bag Sofas market report examines a number of essential industry aspects that have a significant impact on the global Bean Bag Sofas industry, including a thorough examination of competitive advantage, recent advancements, regional industry environments, current Bean Bag Sofas market and production trends, dominant market challengers, and current end-user consumer behavior. The Bean Bag Sofas market study also examines the initially disclosed Bean Bag Sofas market size, customer…
Bean Bag Chairs Market to Reach US$ 6 Bn by 2030
Maximizing the use of small spaces with smart solutions is a popular trend in the designing industry. Bean bag chairs are one of the best furnishing options that support this popular trend, as these chairs are handy, flexible, and also help maintain the attractiveness of the décor. This is one of the most important product properties that stimulate their demand in the market. These chairs are more likely to be…
Bean Bags Market Industry to Witness a Sudden Rise in Growth During the Forecast …
The Bean Bags Market research added by the insight partners, offers a comprehensive analysis of growth trends prevailing in the global business domain. This report also provides definitive data concerning market, size, commercialization aspects and revenue forecast of the industry.
Millennials are currently the most popular generation and prefer large living spaces consuming necessary, decorative, and innovative furniture such as bean bags. A Bean bag is a large fabric bag…
Bean Bags Market 2021 Global Demand and Emerging Trends by 2028
The Insight Partners analysts forecasts the latest report on “Global Bean Bags Market (Covid-19) Impact and Analysis by 2028”, according to report; The Bean Bags Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Bean Bags Market.
The study provides details such as the market share,…
Upholstered Sofa Market By Top Brand and Precise Outlook – La-Z-Boy, FLOYD, Ma …
The Upholstered Sofa Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. As per our…
