Farfetch Limited Class Action Lawsuit - FTCH

Company
Farfetch Limited (NYSE: FTCH)
Lead Plaintiff Deadline
November 18, 2019 (Expired)
Class Period
September 21, 2018 - August 8, 2019

Expired

Lead Plaintiff Deadline

Nov 18, 2019

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Allegations

(1) the Company would refuse to reduce merchandise prices to match the rest of the market; (2) this sub-optimal pricing strategy rendered the Company's platform highly susceptible to underpricing by competitors, despite what Defendants touted as a "superior" platform; and (3) as a result, the Company's past and projected Platform Gross Merchandise Value growth rates were foreseeably unsustainable. As a result of the foregoing, Defendants' statements about the Company's business strategy and growth prospects lacked a reasonable basis at all relevant times.

Eligibility

In order to be eligible to join the FTCH class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until November 18, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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