Funko, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.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 info@portnoylaw.com.
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CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
As per the allegations, the Company is accused of making inaccurate and deceptive statements to the market. Funko supposedly experienced significant delays in implementing its ERP system, which were greater than what was disclosed to investors. Additionally, the Company faced increased expenses and inadequate inventory control at its newly established warehouse due to the delay in the ERP system. The Company’s financial performance was negatively affected by its inability to operate a functional distribution system. Considering these circumstances, it is claimed that the Company’s public statements were false and significantly misleading throughout the designated class period. Consequently, when the market became aware of the actual situation with Funko, investors incurred financial losses.
