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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Farfetch Limited (NYSE: FTCH) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Farfetch Limited (NYSE: FTCH) concerning whether a series of statements by Farfetch Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On August 8, 2019, the Company reported a larger-than-expected loss of $89.6 million for the second quarter of 2019 and announced the resignation of its Chief Operating Officer.
Following this news, NYSE: FTCH fell $8.12 per share, or 44.49%, to close at $10.13 per share on August 9, 2019.
Based in London, the United Kingdom, and founded in 2007 Farfetch Limited provides an online marketplace for luxury goods in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
If you purchased shares of Farfetch Limited (NYSE: FTCH) on or before August 8, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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