Join today and have your say! It’s FREE!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}

Join today with :

or

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Sign in with existing account
Please Try Again
{{ error }}

Sign In With :

or

Password Hint : {{passwordHint}}
Forgot Password?
Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims Against The RealReal, Inc.

NEW YORK

The law firm of Kirby McInerney LLP is investigating potential claims against The RealReal, Inc. (“The RealReal” or the “Company”) (NASDAQ:REAL). This investigation concerns whether The RealReal has violated federal securities laws and/or engaged in other unlawful business practices.

On June 28, 2019, The RealReal completed its IPO, offering shares at $20.00 and subsequently raising $300 million in proceeds. On August 14, 2019, shares of The RealReal plunged 14.8% after the company announced its second quarter 2019 results. The results included an EBITDA loss of $20.9 million and a free cash flow loss of $32.1 million. On September 5, 2019, shares of The RealReal closed at $15.00, a decline of 25% from the IPO price.

If you acquired The RealReal securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kirby McInerney LLP
Thomas W. Elrod, Esq., (212) 371-6600
investigations@kmllp.com
www.kmllp.com

Tags:




×

StockTalk
Get our FREE StockTalk Investor Guides by sector as they are released!

Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email.

You are already a member! Please enter your password to sign in.