Philadelphia, Pennsylvania--(Newsfile Corp. - May 1, 2024) - Grabar Law Office is investigating claims on behalf of long-term Fox Factory Holding Corp. (NASDAQ: FOXF) shareholders. The investigation concerns whether certain officers of Fox Factory have breached their fiduciary duties owed to the company.
Investors who have held Fox Factory shares since prior to May 6, 2021,can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them whatsoever. Visit https://grabarlaw.com/the-latest/foxfactory-shareholder-investigation/.
An underlying securities fraud class action complaint alleges that Fox Factory, through certain of its officers and directors, made misleading statements and omissions regarding the Company's business, financial condition, and prospects. Specifically, that complaint alleges Defendants misled the market concerning demand for Fox Factory's products and inventory levels and that when the truth about Fox Factory's business reached the market, investors were harmed significantly.
Fox Factory shareholders who have continuously held Fox Factory shares since prior to May 6, 2021 who wish to learn more about their rights are encouraged to visit https://grabarlaw.com/the-latest/foxfactory-shareholder-investigation/, or contact Joshua Grabar at jgrabar@grabarlaw.com, Mia Heller at mheller@grabarlaw.com, or call us at 267-507-6085.
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Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/207657
