LOS ANGELES, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming October 2, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Party City Holdco Inc. ("Party City" or the "Company") (NYSE:PRTY, OTC:PRTYQ) securities between November 8, 2022 and June 9, 2023, inclusive (the "Class Period").
If you suffered a loss on your Party City investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Party-City-Holdco-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
On January 17, 2023, Party City abruptly filed for bankruptcy, disclosing the Company's ongoing liquidity shortfall, its need for loans beyond credit lines available, and its inability to find lenders willing to provide those loans.
On June 9, 2023, Party City further revealed that its audit firm had resigned due to ...