NEW
YORK, Nov. 7, 2023 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders
of Farfetch Limited.
Shareholders who purchased shares of FTCH during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/farfetch-loss-submission-form-2/?id=54814&from=4
CLASS PERIOD: March 9, 2023
to August 17, 2023
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (i) Farfetch
was experiencing a significant slowdown in growth in the U.S. and
China; (ii) Farfetch also faced
onboarding challenges impacting the launch of its Reebok
partnership; (iii) Farfetch downplayed challenges it faced with
respect to, and/or overstated its ability to manage, its supply
chain and inventory; (iv) all the foregoing was having a
significant negative impact on Farfetch's revenue and gross
merchandise value growth; (v) accordingly, Farfetch was unlikely to
meet market expectations for its Q2 2023 financial results or its
own FY 2023 revenue guidance; and (vi) as a result, the Company's
public statements were materially false and misleading at all
relevant times.
DEADLINE: December 19, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/farfetch-loss-submission-form-2/?id=54814&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of FTCH during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is December 19, 2023. There is no
cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
