NEW YORK, June 28, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Funko, Inc. ("Funko" or the "Company") (NASDAQ: FNKO) and certain of its officers, on behalf of shareholders who purchased Funko pursuant to and/or traceable to the Registration Statement and Prospectus issued in connection with Funko's initial public offering on or about November 1, 2017. Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/fnko.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1933.
The Complaint alleges that the documents filed in connection with the IPO contained materially false and/or misleading statements and/or failed to disclose that: (1) Funko's profits and growth were not as positive as it represented; (2) Funko's business model and customer base had not insulated it from adverse industry, sales, and earnings trends; and (3) consequently, defendants' statements in the Registration Statement regarding Funko's business, operations and prospects were materially false and/or misleading.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/fnko or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Funko you have until August 27, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.