BENSALEM, Pa., Sept. 26, 2022 (GLOBE NEWSWIRE) — The law firm of Howard G. Smith is reminding investors that class action lawsuits have been filed on behalf of shareholders in the following public companies. Investors have until the deadlines listed below to file a lead plaintiff filing.
Investors who experience losses on their investments are advised to contact the law firm of Howard G. Smith to discuss their legal rights in these class action lawsuits at 888-638-4847 or by email at [email protected].
Weber Inc. (NYSE: WEBR)
Class Period: August 2021 IPO
Deadline for lead plaintiff: September 27, 2022
The Complaint alleges that throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose: (1) that Weber was reasonably likely to make price increases; (2) that as a result, consumer demand for Weber’s products would be likely to 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 and/or lacked any reasonable basis.
Carvana Co. (NYSE: CVNA)
Class Period: May 6, 2020 – June 24, 2022
Deadline for lead plaintiff: October 3, 2022
The Complaint alleges that throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose the following: (1) Carvana had serious and ongoing documentation, registration and title issues with many of its vehicles; (2) as a result, Carvana issued temporary license plates with unusual frequency; (3) as a result of the foregoing, Carvana has violated laws and regulations in many existing markets; (4) as a result of the foregoing, Carvana risked its ability to continue in business and/or its business in existing…
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