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PLAY.US
id: 262, Created by Stan Vick Chase, Scout
Dave & Buster’s Entertainment
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
On September 2022, Dave & Buster's Entertainment (PLAY) released Q2 2022 financial results which fell short of market expectations.
The company's operating margin declined to 12.1% from 21% a year ago, which was related among other things to acquisition-related costs, higher compensation expenses, and lower operational efficiencies.
On this news, Company's shares plunged by 14% and lost about $ 300 million of its capitalization on September 08, 2022.
Back on June 29, 2022, PLAY announced the completion of its acquisition of Main Event. Kevin Sheehan, Chairman of the Board commented on the event as follows: “These two brands perfectly complement each other, and their joining puts our Company in a strategically unparalleled position for accelerated, profitable growth...".
Given management's statements and subsequent facts, there are grounds for suspicion that either miscalculation or negligence or misleading shareholders about the profitability of acquiring another company may take place.
Alleged Offence
Mismanagement,
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Negligence,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
07 September 2022