NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Arhaus, Inc. ("Arhaus" or the "Company") (NASDAQ:ARHS) on behalf of Arhaus stockholders. Our investigation concerns whether Arhaus has violated the federal securities laws and/or engaged in other unlawful business practices.
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On or around November 4, 2021, Arhaus conducted its initial public offering ("IPO"), selling 12.9 million shares priced at $13.00 per share.
Then, on April 29, 2024, Arhaus issued a press release disclosing that "the Company's previously issued unaudited condensed consolidated financial statements included in Amendment No. 1 to the Company's Quarterly Report on Form 10-Q/A for the period ended September 30, 2023 (the 'Q3 Form 10-Q/A' and such period, the 'Affected Period'), filed with the U.S. Securities and Exchange Commission (the 'SEC') on March 11, 2024, should ...