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Stock impact report

WEBTOON SHAREHOLDER ALERT: Kaskela Law Firm Announces Investigation of WEBTOON Entertainment Inc. and Encourages Long-Term Shareholders to Contact the Firm – WBTN

WEBTOON Entertainment Inc. - Common stock (WBTN) 
Company Research Source: GlobeNewswire
PHILADELPHIA, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Shareholder protection firm Kaskela Law announces that it is investigating potential breach of fiduciary duty claims concerning WEBTOON Entertainment Inc. (NASDAQ: WBTN) on behalf of the company’s long-term shareholders. Click here to request additional information: https://kaskelalaw.com/case/webtoon/ Recently a securities fraud complaint was filed against WEBTOON on behalf of certain investors who purchased shares of the company’s stock prior to August 9, 2024. On or around June 28 2024, WEBTOON completed its initial public offering (“IPO”) of common stock, selling 15 million shares of stock to investors at a price of $21.00 per share, for proceeds of approximately $315 million. According to the complaint, on August 8, 2024, WEBTOON reported disappointing quarterly financial and operational results for the reporting quarter ended June 30, 2024 – the quarter that closed just one business day after the IPO. Among other things, that Show less Read more
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