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Stock impact report

INVESTIGATION ALERT: The Gross Law Firm Notifies Shareholders of RH of an Investigation and Potential Class Action Lawsuit - (NYSE: RH)

RH (RH) 
Last rh earnings: 3/30 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
NEW YORK, May 26, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of RH:The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. RH, the holding company behind retailer Restoration Hardware, announced on February 3, 2023, that "our previously unaudited financial statements for the three months ended April 30, 2022, the three and six months ended July 30, 2022, and the three and nine months October 29, 2022 (collectively the 'Prior Financial Statements') should no longer be relied upon due to material unintentional errors in certain of these financial periods with respect to our calculation of basic and diluted net income per share." Based on this news, shares of RH fell by more than 7.3% in intraday trading on February 6, 2023.Due to the forgoing, The Gross Law Firm is investigating potential securities fraud claims on behalf of certain RH investors. If y Show less Read more
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