NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, is investigating whether Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) or certain of its officers and directors violated federal securities laws. If you purchased or otherwise own Farfetch stock, and have suffered a loss, you are encouraged to contact Scott+Scott attorney Joe Pettigrew at (844) 818-6982 for more information.
Farfetch is a luxury online clothing company. Farfetch conducted an initial public offering in September 2018 in which Farfetch raised $880 million.
On May 16, 2019, Farfetch released first quarter 2019 results. On August 8, 2019, Farfetch announced second quarter results, and also announced the resignation of its Chief Operating Officer, effective in 2020.
Farfetch’s shares have plummeted over 50% since the IPO. Analysts at Wells Fargo stated, “it’s clear that the story has changed meaningfully since the IPO, and Farfetch shares are headed to the ‘penalty box’ . . . .”
What You Can Do
If you purchased or otherwise own Farfetch stock, and you wish to discuss this investigation, please contact attorney Joe Pettigrew at (844) 818-6982, or at firstname.lastname@example.org, or visit the Farfetch investigation page on our website.
About Scott+Scott Attorneys at Law LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.