Lead Plaintiff Deadline: January 03, 2023
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(i) securities between May 27, 2021 and May 12, 2022, inclusive; and/or (ii) stock pursuant and/or traceable to documents issued in connection with FIGS' initial public offering
(i) defendants had inflated the Company’s true ability to successfully secure repeat customers; (ii) defendants had failed to disclose the Company’s increasing dependence on air freight; (iii) defendants had inflated the expected net revenues, gross margin, and adjusted EBITDA margin for 2022; and (iv) as a result of the foregoing, defendants’ statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
In order to be included in the lawsuit, you must have incurred a loss on shares of FIGS purchased or acquired during the class period listed above.
If you suffered a loss in FIGS during the relevant time frame, you have until January 03, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.