investors with losses of $100,000 Contact the law firm for free to learn more about recovering their losses

LOS ANGELES, Sept. 7, 2022 (GLOBE NEWSWIRE) — The law firm of Portnoy Weber Inc. (“Weber” or the “Company”) (NYSE: WEBR) is notifying investors that a class action lawsuit has been filed on behalf of investors. Weber investors who have lost money investing are encouraged to do so Contact Lesley Portnoy, Esq.

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 complaint filed in this class action alleges that the registration statement made materially false and/or misleading statements and failed to disclose material adverse facts about the company’s business, operations and prospects. In particular, the defendants failed to disclose to investors: (1) that Weber was reasonably likely to impose price increases; (2) that, as a result, consumer demand for Weber’s products would likely decrease; (3) that due to the resulting inventory buildup, Weber would likely run promotions to “improve retail sales”; (4) that the foregoing would adversely affect Weber’s financial results; and (5) that as a result of the foregoing, defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacked any reasonable basis.

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Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. attorney advertising. Previous results do not guarantee similar …