FIGS, Inc. Class Action Lawsuit - FIGS

Company
FIGS, Inc. (NYSE: FIGS)
Lead Plaintiff Deadline
January 3, 2023 (Expired)
Class Definition
(i) securities between May 27, 2021 and May 12, 2022, inclusive; and/or (ii) stock pursuant and/or traceable to documents issued in connection with FIGS' initial public offering

Expired

Lead Plaintiff Deadline

Jan 3, 2023

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Allegations

(i) defendants had inflated the Company's true ability to successfully secure repeat customers; (ii) defendants had failed to disclose the Company's increasing dependence on air freight; (iii) defendants had inflated the expected net revenues, gross margin, and adjusted EBITDA margin for 2022; and (iv) as a result of the foregoing, defendants' statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

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

Lead Plaintiff Deadline

If you suffered a loss in FIGS during the relevant time frame, you have until January 3, 2023 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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