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Zhang Investor Law Announces Securities Class Action Lawsuit Against Funko, Inc. – FNKO

NEW YORK, April 17, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Funko, Inc. (NASDAQ: FNKO) between October 31, 2019 and March 5, 2020, inclusive (the “Class Period”).

If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2020.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. 

To join the class action, http://zhanginvestorlaw.com/join-action-form/?slug=funko-inc&id=2253 call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=funko-inc&id=2253.

According to the lawsuit, the company failed to disclose and/or misstated(1) Funko was experiencing lower than expected sales; (2) as a result, Funko was reasonably likely to incur a writedown for slower moving inventory; and (3) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class has not been certified.  You may retain counsel of your choice.  You may take no action at this time and be an absent class member.  Your ability to obtain a recovery is not dependent upon being a lead plaintiff.  

Zhang Investor Law represents investors worldwide.  Attorney Advertising.  Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C.
99 Wall Street, Suite 232
New York, New York 10005
info@zhanginvestorlaw.com
tel: (800) 991-3756

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