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CURV.US
id: 461, Created by Stan Vick Chase, Scout
IPO Case. Torrid (CURV) Investors are fighting back 90% losses
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 7, 2022, Torrid (CURV) released the financial results for Q2 2022 and revised downward 2022 net sales guidance.
In July 2021, Torrid conducted a successful IPO. By the end of September 2022, the price of Torrid stock fell over 80% below the IPO price.
Earlier in 2022, Torrid made several material steps to correct the business prospects:
- senior management changes;
- promotional activity in the short term to sell excess inventory;
Taking all information, projections, and representations made during IPO, investors have reasons to suspect that the Company, its Leaders, and related to IPO service providers acted not in the best their interests by misleading shareholders on material facts.
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Negligence,
Omissions
Suspected Party
Directors,
Management,
Shareholder,
Investment Bank,
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
07 September 2022
Court
Central District of California