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The filed complaint alleges that Winnebago Industries, Inc. made materially false and/or misleading statements and/or failed to disclose that: On September 23, 2024, Hunterbrook Media published an article called "'Grand Deception'- Winnebago Muzzles Outcry Over Major Problem That Owners Say Makes RVs Dangerous, Untowable, Worthless." In this article, Hunterbrook said Winnebago's "best-selling Grand Design RVs" appear to be "experiencing frame failure, potentially affecting thousands of units sold for more than a billion dollars. This defect has led to costly damage and potential safety hazards, and rendered some RVs unroadworthy." Further, the article stated "Winnebago has used NDAs, buybacks, and online censorship to silence complaints about frame failure[.]" Following this news, Winnebago's stock fell over 2% on the same day.
In order to be eligible to join the WGO class action lawsuit, you must have incurred a loss on shares of Winnebago Industries, Inc. purchased during the class period listed above.
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