BOSTON, Oct. 18, 2022 (GLOBE NEWSWIRE) — Block & Leviton is investigating Vintage Wine Estates, Inc. WANT for potential securities law violations. Investors who have lost money on their investment in Vintage Wine Estates, Inc. should do so contact the company to learn more about how to make up for those losses. For more information, see https://www.blockleviton.com/cases/vwe.
After the market closed on September 13, 2022, Vintage Wine Estates announced that certain of the Company’s previously released financial statements were no longer relied upon and restated due to the discovery of an accounting error. The accounting error relates to the treatment of interest rate swap agreements.
Vintage Wine Estates, Inc. went public in June 2021 via the deSPAC transaction.
Vintage Wine Estates, Inc. shares fell more than 40% in intraday trade on September 14, 2022.
Who is Eligible?
Anyone who has bought Vintage Wine Estates, Inc. stock and lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton for more information.
What does Block & Leviton do?
Block & Leviton is investigating whether the company has violated securities laws and may file a lawsuit to try to recover losses on behalf of investors who have lost money.
What should you do next?
Why should you contact Block & Leviton?
Many law firms have issued press releases in this regard; Most of these firms do not conduct securities class actions. Block & Leviton is a law firm that actually hears cases. We seek significant recoveries on behalf of defrauded investors through active litigation in federal courts across the country. Many of the country’s leading institutional investors hire us to represent their…
Read full story here https://www.benzinga.com/pressreleases/22/10/g29309277/vintage-wine-estates-inc-investigated-by-block-leviton-for-potential-securities-law-violations-inv