RH FRAUD ALERT: Jakubowitz Law is Investigating RH in Connection with Potential Violations of Federal Securities Laws

NEW YORK, May 30, 2023 /PRNewswire/ -- Jakubowitz Law announces that an investigation into potential securities fraud allegations has commenced on behalf of shareholders of RH (NYSE: RH)

To be contacted by a member of our team, fill out the form:

https://claimyourloss.com/securities/rh-class-action-loss-submission-form/?wire=4

Further details on the investigation: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. RH, the holding company behind retailer Restoration Hardware, announced on February 3, 2023, that "our previously unaudited financial statements for the three months ended April 30, 2022, the three and six months ended July 30, 2022, and the three and nine months October 29, 2022 (collectively the 'Prior Financial Statements') should no longer be relied upon due to material unintentional errors in certain of these financial periods with respect to our calculation of basic and diluted net income per share." Based on this news, shares of RH fell by more than 7.3% in intraday trading on February 6, 2023.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

SOURCE Jakubowitz Law

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