SAN FRANCISCO, Oct. 18, 2022 (GLOBE NEWSWIRE) — Hagens Berman is urging Polished.com Inc. POLE investors with significant losses Submit your losses now. The firm is investigating possible violations of the Securities Act

Visit: www.hbsslaw.com/investor-fraud/POL
Contact a lawyer now: [email protected]
844-916-0895

Polished.com Inc. (POL) Investigation:

In the past, Polished.com (f/k/a 1847 Goedeker Inc. (GOED)) has assured investors that it has adequate internal controls over financial reporting and that its financial statements have been prepared in accordance with generally accepted accounting principles.

The company’s claims may have been questioned as of February 2, 2022, when it announced the resignation of its chief accounting officer (Robert D. Barry). That news drove Polished.com shares down about 6.5% the next day.

Then, on August 15, 2022, Polished.com announced that it would not be filing its quarterly report for the period ended June 30, 2022. The company announced that its audit committee “recently opened an independent investigation into certain allegations by some former employees associated with the company’s operations.” The news drove Polished.com’s share price on Aug. 16 Down over 35% in 2022 and wiped out more than $55 million in shareholder value.

“We are focused on investor losses and whether Polished.com trimmed its books,” said Reed Kathrein, the Hagens Berman partner who is leading the investigation.

If you have invested in Polished.com and are experiencing significant losses or have knowledge that may assist the Company’s investigations, Click here to discuss your legal rights with Hagens Berman.

Whistleblower: Anyone with nonpublic information about Polished.com should consider their ability to assist in the investigation or use the SEC’s whistleblower program. Under the new program, whistleblowers who provide original information can…