24 Hour Deadline Alert in Shareholder Class Action Lawsuit Against Funko, Inc., Investors with Losses in Excess of $50,000 are Encouraged to Contact Kaskela Law LLC – FNKO
RADNOR, Pa., Aug. 26, 2018 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Funko, Inc. (NASDAQ: FNKO) (“Funko” or the “Company”) on behalf of investors who purchased the Company’s common stock on or after November 1, 2017.
On or around November 1, 2017, Funko completed an initial public offering (“IPO”) of its stock, selling over 10 million shares of common stock to investors at $12.00 per share. According to the Complaint, the defendants failed to disclose, in connection with the IPO, that: (i) Funko’s profits and growth were not as positive as the Company represented; and (ii) Funko’s business model and customer base had not insulated it from adverse industry, sales, and earnings trends.
FINAL DEADLINE ALERT: Investors who purchased Funko’s common stock on or after November 1, 2017 and suffered an investment loss may, no later than August 27, 2018, seek to be appointed as a lead plaintiff representative of the investor class.
Funko investors are encouraged to immediately contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585 or (888) 715 – 1740, or via firstname.lastname@example.org, to discuss their important legal rights and options. Investors may also submit their information online at http://kaskelalaw.com/case/funko/.
About Kaskela Law LLC: Kaskela Law LLC exclusively represents investors in state and federal courts throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.