NEW
YORK, Aug. 24, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Weber
Inc..
Shareholders who purchased shares of WEBR during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/weber-inc-loss-submission-form/?id=31096&from=4
CLASS PERIOD: This lawsuit is on behalf of persons and
entities that purchased or otherwise acquired Weber Class A common
stock pursuant and/or traceable to the registration statement and
prospectus issued in connection with the Company's August 2021 initial public offering.
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) Weber was reasonably
likely to implement price increases; (2) as a result, consumer
demand for Weber's products was reasonably likely to decrease; (3)
due to the resulting inventory buildup, Weber was reasonably likely
to run promotions to "enhance retail sell through"; (4) the
foregoing would adversely impact Weber's financial results; and (5)
as a result of the foregoing, defendants' positive statements about
the Company's business, operations, and prospects, were materially
misleading and/or lacked a reasonable basis.
DEADLINE: September 27,
2022 Shareholders should not delay in registering for
this class action. Register your information here:
https://securitiesclasslaw.com/securities/weber-inc-loss-submission-form/?id=31096&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of WEBR during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is September 27, 2022. There is no
cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm