Bronstein, Gewirtz & Grossman, LLC Notifies Rent the Runway, Inc. (RENT) Investors of Class Action and to Actively Participate
Rent the Runway, Inc. - Class A (RENT)
Company Research
Source: Accesswire
NEW YORK, NY / ACCESSWIRE / December 5, 2022 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Rent the Runway, Inc. ("Rent the Runway" or the "Company") (NASDAQ:RENT) and certain of its top executives and directors, as well as the IPO's underwriters on behalf of all persons and entities that purchased, or otherwise acquired Rent the Runway Class A common stock in or traceable to Rent the Runway's October 27, 2021 initial public offering (the "IPO"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/rent.This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.The Complaint alleges that the IPO's offering documents failed to disclose the following material facts: (1) Rent the Runway was continuing to face extraordinary business headwinds, such as transportation headwinds and labor wage rate increases, from the COVID-19 pandemic;
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News
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- From rags to riches, Rent the Runway goes from penny stock to quadrupling share prices in days after doubling down on AI [Fortune]Fortune
- Rent the Runway Stock Surge Shows Investors' Penchant for AI [Yahoo! Finance]Yahoo! Finance
RENT
Earnings
- 4/10/24 - Miss
RENT
Sec Filings
- 4/18/24 - Form 144/A
- 4/12/24 - Form 144
- 4/12/24 - Form 144
- RENT's page on the SEC website