FTCH - Investors Allege Farfetch Limited (FTCH) Concealed Weak Demand in US China - Hagens Berman | Benzinga

SAN FRANCISCO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Farfetch Limited (NYSE:FTCH) investors who suffered substantial losses to submit your losses now.

Class Period: Mar. 9, 2023 – Aug. 17, 2023
Lead Plaintiff Deadline: Dec. 19, 2023
Visit: www.hbsslaw.com/investor-fraud/FTCH
Contact An Attorney Now: FTCH@hbsslaw.com
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Farfetch Limited (NYSE:FTCH) Securities Fraud Class Action:

The litigation focuses on the propriety of Farfetch's statements about one of its most important metrics (gross merchandise value or "GMV"), which it says closely correlates with its revenue, the strength of its U.S. and China business, and the status of its touted partnership with Reebok.

The complaint alleges Farfetch made false and misleading statements and failed to disclose that: (1) Farfetch was experiencing a significant slowdown in growth in the U.S. and China; (2) Farfetch also faced onboarding challenges impacting the ...

FTCH) Concealed Weak Demand in US, China - Hagens Berman>Full story available on Benzinga.com