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SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Vintage Wine Estates, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 13, 2023 - (NASDAQ: VWE)

Vintage Wine Estates, Inc. (VWE) 
Company Research Source: PR Newswire
NEW YORK, Dec. 7, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Vintage Wine Estates, Inc..Shareholders who purchased shares of VWE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/vintage-wine-estates-loss-submission-form/?id=34313&from=4CLASS PERIOD: October 13, 2021 to September 13, 2022ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) due to a material weakness related to its inventory controls and procedures, the Company lacked a reasonable basis to report inventory metrics; (2) the Company understated its overhead burden in certain quarters, thereby overstating its adjusted EBITDA; (3) as a result of the foregoing, Vintage Wine was re Show less Read more
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