Funko, Inc. Class Action Lawsuit - FNKO

The filed complaint alleges that Funko, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Funko was experiencing significantly larger delays in implementing its enterprise resource planning ("ERP") software than it was disclosing to investors; (ii) having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (iii) Funko's inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko's earnings before interest, taxes, depreciation, and amortization ("EBITDA") margin.

In order to be eligible to join the FNKO class action lawsuit, you must have incurred a loss on shares of Funko purchased during the class period listed above.

If you suffered a loss in Funko during the relevant time frame or pursuant to the relevant offering(s), you have until August 1, 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.