Party City Lawsuit Submission Form

Company: Party City Holdco Inc.

Ticker: (OTC) PRTYQ

Deadline

Passed

Lead Plaintiff Deadline: October 02, 2023

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Allegations

The filed complaint alleges that Party City Holdco Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company affirmatively misrepresented that its capital resources “will be adequate to meet our liquidity needs for at least the next 12 months”; (ii) omitted that there was substantial doubt about the Company’s ability to continue as a going concern; (iii) downplayed the nature and extent of the Company’s then-existing liquidity problems; (iv) omitted that the Company’s existing credit facilities were insufficient to satisfy its operational needs and that it was unable to obtain additional loans in the normal course of business; and (v) omitted that there was a material weakness in its internal control over financial reporting.