NEW
YORK, June 2, 2023 /PRNewswire/
-- Jakubowitz Law announces that an investigation into
potential securities fraud allegations has commenced on behalf of
shareholders of RH (NYSE: RH)
To be contacted by a member of our team, fill out the
form:
https://claimyourloss.com/securities/rh-class-action-loss-submission-form/?id=40184&from=4
Further details on the investigation: The investigation
focuses on whether the Company issued false and/or misleading
statements and/or failed to disclose information pertinent to
investors. RH, the holding company behind retailer Restoration
Hardware, announced on February 3,
2023, that "our previously unaudited financial statements
for the three months ended April 30,
2022, the three and six months ended July 30, 2022, and the three and nine months
October 29, 2022 (collectively the
'Prior Financial Statements') should no longer be relied upon due
to material unintentional errors in certain of these financial
periods with respect to our calculation of basic and diluted net
income per share." Based on this news, shares of RH fell by more
than 7.3% in intraday trading on February 6,
2023.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
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SOURCE Jakubowitz Law