Bragar Eagle & Squire, PC examines polished,

Bragar Eagle & Squire, PC examines polished,


NEW YORK, Oct. 21, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against, Inc. (NYSEAmerican: POL), Intuit, Inc. (NASDAQ: INTU), Enviva , Inc. (NYSE: EVA) and Tattooed Chef, Inc. (NASDAQ: TTCF). Our investigations address whether these companies have violated federal securities laws and/or engaged in other illegal business practices. For more information on each case, see the link provided., Inc. (NYSEAmerican: POL)

In July 2020, Polished (then known as 1847 Goedeker Inc.) completed its initial public offering (“IPO”) and sold shares at a price of $9.00 per share.

Then, on August 15, 2022, after the market close, Polished announced on its Form 12b-25 filed with the SEC that as a result it was unable to file its Form 10-Q for the second quarter of its fiscal year 2022 ended August 30, 2022. June 2022 ended to be filed in a timely manner The Board’s Audit Committee recently opened “an independent investigation regarding certain allegations made by certain former employees in connection with the Company’s operations.” In addition, the company announced that “[t]The investigation is ongoing and the Audit Committee continues to work diligently with independent counsel and counsel to complete the investigation.” and that “[t]The Company cannot predict the length of the investigation, its potential scope, its outcome or its impact on the Company’s financial results.”

As a result of this news, Polished’s share price fell sharply during after-hours trading on August 15, 2022 and pre-hours trading on August 16, 2022.

For more information on investigating Polished see:

Intuit, Inc. (NASDAQ: INTU)

On March 29, 2022, the FTC filed a lawsuit against Inuit alleging that the company tricked millions of Americans into paying for tax service preparation software that was supposed to be free. On May 4, 2022, Intuit agreed to pay $141 million to build similar…

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