investors can Contact the law firm for free to learn more about recovering their losses

LOS ANGELES, Oct. 25, 2022 (GLOBE NEWSWIRE) — The law firm of Portnoy advises FIGS, Inc. (“FIGS” or “the Company”) FIG Investors that the law firm has opened an investigation on behalf of investors who have lost money on their FIG shares. FIG investors are encouraged to do so Contact the company to discuss their legal rights.

Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: [email protected]to discuss your legal rights, or click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.

The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose information relevant to investors. FIGs are the subject of an article published by Seeking Alpha on October 18, 2022. The article quotes the attorney representing individuals in a lawsuit against the company as saying, “As I said in court today, our evidence during this trial will show that FIGS founders Heather Hasson and Trina Spear advertised that they invented a proprietary chemical to make their scrubs antimicrobial, kill bacteria instantly on contact, and repel liquids — though they never did and knew it was wrong… They even continued to do so in the face of internal resistance from experts and consumers alike FIGs provide no scientific evidence to back up their claims or the collapse of their alleged chemical treatment for peels. Based on this news, FIG shares fell more than 10% in intraday trading on October 19, 2022.

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Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has raised over $5.5 billion for…