Inactive Instrument

Party City Holdco Inc.

PRTY

US7021491052

The Law Offices of Vincent Wong Remind Party City Investors of a Lead Plaintiff Deadline of October 2, 2023

September 18, 2023 at 05:46 am EDT

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- Attention Party City Holdco Inc. ("Party City") (OTC Other: PRTYQ) shareholders:

The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between November 8, 2022 and June 9, 2023.

If you suffered a loss on your investment in Party City, contact us about potential recovery by using the link below. There is no cost or obligation to you.

https://www.wongesq.com/pslra-1/party-city-class-action-submission-form/?prid=48263&wire=4

ABOUT THE ACTION: The class action against Party City includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the Company affirmatively misrepresented that its capital resources "will be adequate to meet our liquidity needs for at least the next 12 months"; (ii) omitted that there was substantial doubt about the Company's ability to continue as a going concern; (iii) downplayed the nature and extent of the Company's then-existing liquidity problems; (iv) omitted that the Company's existing credit facilities were insufficient to satisfy its operational needs and that it was unable to obtain additional loans in the normal course of business; and (v) omitted that there was a material weakness in its internal control over financial reporting.

DEADLINE: October 2, 2023

Aggrieved Party City investors only have until October 2, 2023 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com

View original content:https://www.prnewswire.com/news-releases/shareholder-alert-the-law-offices-of-vincent-wong-remind-party-city-investors-of-a-lead-plaintiff-deadline-of-october-2-2023-301929426.html

SOURCE The Law Offices of Vincent Wong

Latest news about Party City Holdco Inc.

Party City Holdco Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	Mar. 28	CI
Party City Holdco Inc. Announces CFO Changes	Nov. 21	CI
Party City Holdco Inc. Announces Executive Changes	Nov. 21	CI
Party City Holdco Inc. Announces Management Changes	Nov. 03	CI
Party City Holdco Inc. Announces Executive Changes	Nov. 03	CI
North American Morning Briefing : Stock Futures Point Lower Ahead of Big Bank Earnings	23-10-13	DJ
Party City Holdco Inc. Announces Board Changes	23-10-12	CI
Party City Holdco Inc. Announces Executive Changes	23-10-12	CI
Party City Holdco Inc. and Party City Holdings Inc. Announce Resignation of Denise Kulikowsky as Executive Vice-President, Chief People and Administrative Officer, Effective on October 20, 2023	23-09-08	CI
Party City set to exit bankruptcy with $1 billion debt reduction	23-09-06	RE
Party City receives court approval for bankruptcy plan	23-09-06	RE
North American Morning Briefing : Investors Await -2-	23-08-07	DJ
Party City Holdco Inc. Announces Chief Financial Officer Changes	23-08-04	CI
Party City Holdco Inc. Announces the Resignation of Todd Vogensen as Executive Vice-President, Effective August 20, 2023	23-08-04	CI
Party City, Creditors in talks to spin off balloon business	23-08-04	RE
Bankruptcy filings surge in first half of 2023 in US - Epiq	23-07-03	RE
Factbox-U.S. corporate bankruptcies at highest level since 2010	23-05-09	RE
Storm clouds gather over highly indebted companies, Moody's says	23-04-19	RE
North American Morning Briefing : Subdued Open -2-	23-04-17	DJ
North American Morning Briefing : Focus Turns to -3-	23-04-10	DJ
North American Morning Briefing : Stock Futures -3-	23-04-03	DJ
North American Morning Briefing : Stock Futures -3-	23-03-27	DJ
North American Morning Briefing: Banking Sector -2-	23-03-20	DJ
North American Morning Briefing : Investors Digest -3-	23-03-13	DJ
North American Morning Briefing : Focus This Week -3-	23-03-06	DJ

Chart Party City Holdco Inc.

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Company Profile

Party City Holdco Inc. is a party goods company. The Company design, manufacture, source and distribute party goods, including paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts, and stationery throughout the world. It operates through two segments: retail and wholesale. Its retail segment is engaged in selling of its party supplies, which are sold under the Amscan, Anagram and Costumes USA brand names, through its Party City stores, Halloween City stores and PartyCity.com. Its wholesale segment is engaged in selling of decorated party goods for all occasions. products are sold at wholesale to party superstores (including franchise stores), other party goods retailers, mass merchants, independent card and gift stores, dollar stores and e-commerce merchandisers. Its retail operations include approximately 830 specialty retail party supply stores, including franchise stores. It also offers seasonal products for holidays.

Sector

Other Specialty Retailers

Calendar

2024-05-05 - Q1 2024 Earnings Release (Projected)

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