Camping World Holdings Inc

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Case Summary
Company Name: Camping World Holdings Inc
Stock Symbol : NYSE: CWH
Class Period Start: 03/08/2017
Class Period End: 08/07/2018
Lead Plaintiff motion: 12/18/2018
Date Filed: 10/19/2018
Type of Case: Securities Class Action
Court: U.S. District Court for the Northern District of Illinois
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the December 18, 2018 lead plaintiff deadline in a class action lawsuit filed against Camping World Holdings Inc (NYSE: CWH) (“Camping World” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of Illinois and investors, who purchased Camping World Holdings Inc securities between March 8, 2017 and August 7, 2018, have until December 18, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Camping World Holdings Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Camping World disclosure controls and controls over financial reporting suffered from a host of material weaknesses; Camping World’s historical financial results had been materially misstated; Camping World’s Gander Mountain Co. stores had encountered integration setbacks, adversely impacting Camping World’s earnings growth and profit margins; and Camping World’s core RV business was experiencing decelerating growth as Camping World lagged industry trends and was losing market share to competitors.

On March 1, 2018, Camping World Holdings revealed it is delaying its Annual Report on Form 10-K for the year ended December 31, 2017. The Company stated it "expects to report material weaknesses in its internal control over financial reporting relating to the insufficient documentation of certain accounting policies and procedures within the Company's retail segment, and ineffective transactional level and management review controls over the valuation of used trade-in inventory."

Following this news, NYSE: CWH fell $0.91 or 2.31%, to close at $38.40 on March 2, 2018. 

If you were negatively impacted by your investment in Camping World Holdings Inc securities between March 8, 2017 and August 7, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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