SAN DIEGO, Sept. 07, 2022 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistula, LLP announces that a class action lawsuit has been filed on behalf of investors in Weber Inc. (“Weber” or the “Company”) (NYSE: WEBR). The class action is directed on behalf of stockholders who purchased or otherwise acquired Weber securities pursuant to and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with the Weber Company’s August 2021 IPO (the “IPO” or “Offering”). Investors are hereby notified that they have until September 26, 2022 to petition the court to appear as lead plaintiff in this lawsuit.

What actions can I take at this time? If you have suffered a loss and would like to learn more about being a lead plaintiff, please contact Jim Baker ([email protected]) by email or phone at 619-814-4471. When emailing, please include your phone number.

To participate in this promotion you can click on the following link or copy and paste it into a browser:

https://www.johnsonfistel.com/investigations/weber-webr-class-action-lawsuit

There are no costs or obligations for you.

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: (1) that Weber was reasonably likely to impose price increases; (2) that, as a result, consumer demand for Weber’s products would likely decrease; (3) that due to the resulting inventory buildup, Weber would likely run promotions to “improve retail sales”; (4) that the foregoing would adversely affect Weber’s financial results; and (5) that as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations and prospects were materially misleading…