WEBR and CVNA class action lawsuits: Bronstein, Gewirtz & Grossman,

WEBR and CVNA class action lawsuits: Bronstein, Gewirtz & Grossman,

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NEW YORK, Sept. 06, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following public companies. You can see a copy of the complaints by visiting the links below or you can contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you have suffered damage, you can request that the court appoint you as lead plaintiff. Your ability to participate in a recovery does not require you to serve as lead plaintiff. A lead plaintiff acts on behalf of all other group members in conducting the litigation. The lead plaintiff can select a law firm of his choice. An investor’s ability to participate in a potential future recovery is not contingent on its serving as lead plaintiff.

Weber Inc. (NYSE: WEBR)
school lesson: Class A Common Stock pursuant to and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s public offering in August 2021 (“IPO” or the “Offering”).
Meeting: September 27, 2022
For more information: www.bgandg.com/webr.
The complaint filed in this class action alleges that the registration statement made materially false and/or misleading statements and failed to disclose material adverse facts about the company’s business, operations and prospects. In particular, the defendants failed to disclose to investors that: (1) Weber was reasonably likely to impose price increases; (2) as a result, consumer demand for Weber’s products would likely decrease; (3) due to the resulting inventory build-up, it was reasonably likely that Weber ran promotions to “improve retail sales”; (4) the foregoing would adversely affect Weber’s financial results; and (5) as a result of the foregoing, Defendants’ affirmative statements regarding the…

Continue to read on GlobeNewswire https://www.globenewswire.com/news-release/2022/09/06/2510638/9788/en/WEBR-CVNA-Class-Actions-Bronstein-Gewirtz-Grossman-LLC-A-Leading-Class-Action-Firm-Reminds-Investors-to-Contact-the-Firm-and-Actively-Participate.html

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