SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of FIGS, Inc. - FIGS
FIGS, Inc. Class A (FIGS)
Company Research
Source: Accesswire
NEW YORK, NY / ACCESSWIRE / December 5, 2022 / Pomerantz LLP is investigating claims on behalf of investors of FIGS, Inc. ("FIGS" or the "Company") (NYSE:FIGS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether FIGS and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.[Click here for information about joining the class action]On June 1, 2021, FIGS completed its initial public offering ("IPO"), selling 26.4 million shares of common stock priced at $22.00 per share. Then, on May 12, 2022, the Company announced disappointing results and slashed its expected sales, gross margin, and adjusted EBITDA, citing "supply chain issues." Despite earlier claiming that the Company's reliance on air freight was transitory, FIGS also admitted that not only had the Company continued to rely on air freight during the first quarter of 2022, but that
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FIGS
News
- FIGS, Inc. (NYSE: FIGS) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $4.85 to $4.25. They now have a "sell" rating on the stock.MarketBeat
- Loop Provides Returns Solution for FIGS’ “Scrubs That Don’t Suck” Recycling CampaignBusiness Wire
- Joe & the Juice Appoints Industry Leader Jeffrey Lawrence to Board of Directors [Yahoo! Finance]Yahoo! Finance
- FIGS, Inc. (NYSE: FIGS) had its "underperform" rating re-affirmed by analysts at Bank of America Co.. They now have a $4.50 price target on the stock, down previously from $8.50.MarketBeat
- FIGS Releases Its 2023 Impact Report [Yahoo! Finance]Yahoo! Finance
FIGS
Earnings
- 2/28/24 - Beat
FIGS
Sec Filings
- 4/16/24 - Form 3
- 3/19/24 - Form SC
- 3/19/24 - Form SC
- FIGS's page on the SEC website