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The filed complaint alleges that Dave & Buster's Entertainment, Inc. made materially false and/or misleading statements and/or failed to disclose that: On December 10, 2024, Dave & Buster's reported that "Chris Morris, the Company's Chief Executive Officer ("CEO"), has tendered his resignation as CEO and Director to pursue other interests. The Board has been working with Heidrick & Struggles, a global executive search firm, for the last few months to assist in identifying the Company's next permanent CEO and has already started meeting potential candidates." Following this news, Dave & Buster's stock fell over 14% intraday on December 11, 2024.
In order to be eligible to join the PLAY class action lawsuit, you must have incurred a loss on shares of Dave & Buster's Entertainment, Inc. purchased during the class period listed above.
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