FNKO ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 1, 2023 in the Class Action Filed on Behalf of Funko, Inc. Shareholders
NEW YORK, Aug. 1, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Funko, Inc. (NASDAQ: FNKO) alleging that the Company violated federal securities laws.
Class Period: May 6, 2022 to March 1, 2023
Lead Plaintiff Deadline: August 1, 2023
No obligation or cost to you.
Learn more about your recoverable losses in FNKO:
https://www.kleinstocklaw.com/pslra-1/funko-lawsuit-loss-submission-form?id=42768&from=4
Funko, Inc. NEWS - FNKO NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Funko, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Funko was experiencing significantly larger delays in implementing its enterprise resource planning ("ERP") software than it was disclosing to investors; (ii) having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (iii) Funko's inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko's earnings before interest, taxes, depreciation, and amortization ("EBITDA") margin.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Funko you have until August 1, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Funko securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the FNKO lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/funko-lawsuit-loss-submission-form?id=42768&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
[email protected]
Telephone: (212) 616-4899
www.kleinstocklaw.com
SOURCE The Klein Law Firm
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