Bragar Eagle & Squire, PC Reminds Investors Class Action Lawsuits…

Bragar Eagle & Squire, PC Reminds Investors Class Action Lawsuits…

Facebook
Twitter
LinkedIn

NEW YORK, Feb. 3, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, reminds investors that class action lawsuits can be filed on behalf of Tattooed Chef, Inc. TTCFDaktronics, Inc. DACTGaotu Techedu Inc. GOT YOUand Avaya Holdings Corp. AVYAAVYAW. Shareholders have until the deadlines below to petition the court to be lead plaintiff. For more information on each case, see the link provided.

Tattooed Boss, Inc. TTCF

Class period: March 20, 2021 – October 12, 2022

Lead Plaintiff Deadline: February 21, 2023

On October 12, 2022, after the close of trading, the Company announced that it would restate its financial statements from March 31, 2021 to the present, and announced for the first time that revenue had increased by $213,000 and net loss by $90,000 low were reported in 1Q21 report. The 2Q21 report overstated revenue by $446,000 for the three months ended June 30, 2021 and $659,000 for the six months ended June 30, 2021 and net loss was understated by $4,276,000 for the three months ended June 30, 2021 June 2021 and understated $4,366,000 for the six months ended June 30. 2021. The 3Q21 report overstated revenue by $425,000 for the three months ended September 30, 2021 and $878,000 for the nine months ended September 30, 2021 and net loss was understated by $372,000 for the three months ended September 30, 2021 September 2021 and understated $4,165,000 for the nine months ended December 2021. Annual Report understated revenue by $5,436,000 as of December 31, 2021.

The company also made numerous other amendments to the financial statements that revealed the extent of internal control weaknesses, and in its most recent report, filed with the SEC on Form 8-K, disclosed the following in the relevant part:

On October 6, 2022, Tattooed Chef, Inc. (the “Company”) received a written notice pursuant to Item 4.02(b) from the Company’s former independent chartered public accounting firm, BDO USA, LLP, that the Company’s unaudited interim consolidation was…

[ad_2]

Source story

More to explorer