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The filed complaint alleges that RH made materially false and/or misleading statements and/or failed to disclose that: Hunterbrook Media published a report on January 24, 2025, alleging, among other things, that RH may be "running out of money," asserting that "an analysis of the last 20 quarters shows RH has consistently failed to meet expectations, with a cumulative $1.4 billion shortfall in free cash flow" and that "RH's latest narrative of rapid, imminent growth appears to be unsubstantiated as well." Following this news, RH's stock price fell over 3% on the same day.
In order to be eligible to join the RH class action lawsuit, you must have incurred a loss on shares of RH purchased during the class period listed above.
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