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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Funko, Inc.    FNKO

FUNKO, INC.

(FNKO)
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FNKO Bronstein, Gewirtz & Grossman, LLC Notifies Funko, Inc. Investors of Class Action and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

03/20/2020 | 02:05pm EST

Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Funko, Inc. (“Funko” or the Company”) (NASDAQ: FNKO) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Funko securities between October 31, 2019 and March 5, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/fnko.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Funko was experiencing lower than expected sales; (2) as a result, Funko was reasonably likely to incur a writedown for slower moving inventory; and (3) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/fnko or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Funko you have until May 11, 2020 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.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.


© Business Wire 2020
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Financials (USD)
Sales 2020 619 M - -
Net income 2020 0,25 M - -
Net Debt 2020 199 M - -
P/E ratio 2020 -7 012x
Yield 2020 -
Capitalization 417 M 417 M -
EV / Sales 2020 1,00x
EV / Sales 2021 0,87x
Nbr of Employees 704
Free-Float 37,8%
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Technical analysis trends FUNKO, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Average target price 8,90 $
Last Close Price 11,71 $
Spread / Highest target 19,6%
Spread / Average Target -24,0%
Spread / Lowest Target -65,8%
EPS Revisions
Managers and Directors
NameTitle
Brian Mariotti Chief Executive Officer & Director
Andrew Perlmutter President
Kenneth R. Brotman Chairman
Joe Sansone Chief Global Operations Officer
Jennifer Fall Jung Chief Financial Officer
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