This is a class action on behalf of persons or entities who purchased or otherwise acquired publicly traded Casper securities in or traceable to the Company’s public offering conducted on or around February 7, 2020 (the “IPO”).
The lawsuit alleges that the Company misled investors regarding the strength of Casper’s global operations. Casper went public in February 2020, selling over 8 million shares at $12 a share. Just a few weeks later, in April 2020, the Company announced that Casper would decrease its global operations, including a dramatic 21% reduction to its global operations and sales team, and close its European operations. Casper also disclosed that Gregory Macfarlane had resigned from his positions as Chief Financial Officer and Chief Operating Officer.
The Portnoy Law Firm represents investors seeking to recover damages suffered due to their investment loss.
Casper Sleep Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to email@example.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at firstname.lastname@example.org.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
8240 Beverly Blvd., Suite 9
Los Angeles, CA 90048