SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
 Announced by Shareholders Foundation - EconoTimes)
SAN DIEGO, Dec. 01, 2015 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed in New York on behalf of certain purchasers of shares of Party City Holdco Inc (NYSE:PRTY) over alleged Securities Laws Violations by Party City Holdco Inc.
Investors who purchased shares of Party City Holdco Inc (NYSE:PRTY) have certain options and for certain investors are short and strict deadlines running. Deadline: January 19, 2016. (NYSE:PRTY) investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.
The plaintiff claims that the defendants violated Federal Securities Laws in connection with Party City Holdco Inc’s April 16, 2015 IPO. More specifically, the plaintiff claims that Defendants allegedly failed to disclose certain risks in the Registration Statement and Prospectus, including the impact on Party City due to soft consumer traffic trends, due to the extraordinary performance of the Disney Frozen franchise from the prior year, and due to the store reset initiative.
On April 16, 2015, Party City Holdco Inc stock opened for trading at $20.50, the day the Company sold 21.9 million shares of stock in its initial public stock offering (the “IPO”), reaching a high of $20.84 per share that day.
On November 12, 2015, Party City Holdco Inc reported a loss of $44.5 million in its third quarter. Party City Chief Executive Officer James M. Harrison described Party City Holdco’s retail results as "weaker than expected."
Shares of Party City Holdco Inc (NYSE:PRTY) declined on November 18, 2015 to as low as $10.95 per share.
Those who purchased Party City Holdco Inc (NYSE:PRTY) shares have certain options and should contact the Shareholders Foundation, Inc. by e-mail at [email protected] or call +1 (858) 779-1554.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT: Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
