LOS ANGELES–(COMMERCIAL THREAD) – Law firm Schall, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors from WeWork Inc. (âWeWorkâ or âthe Companyâ) (NYSE: WE) for violations of securities laws.
The investigation focuses on whether the Company has made false and / or misleading statements and / or failed to disclose relevant information to investors. WeWork disclosed in an SEC filing on December 1, 2021, that it would restate its financial results for 2020 and the first three quarters of 2021. The company did not properly record certain equity when it went public by through a PSPC. Based on this news, WeWork shares fell more than 5% in after-hours trading.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com or by email at [email protected]
The class in this case has not yet been certified, and until certification occurs, you are not represented by counsel. If you choose not to take any action, you can remain an absent member of the group.
Schall law firm represents investors around the world and specializes in securities class actions and shareholder rights litigation.
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