ATLANTA--(BUSINESS WIRE)--Holzer & Holzer LLC announces that a class action lawsuit has been filed on behalf of investors who purchased Casper Sleep Inc. (“Casper” or the “Company”) (NYSE: CSPR) securities in connection with the Company's IPO on February 7, 2020.
The lawsuit alleges that Casper failed to disclose that its profitability was declining due to numerous underlying issues within the Company’s operations that would keep the Company from maintaining its growth rate and becoming profitable. On April 21, 2020, Casper announced that it was decreasing the size of its workforce, winding down its European operations, and its CFO/COO was resigning.
If you purchased shares of Casper securities and suffered significant losses on that investment, you are encouraged to contact Corey D. Holzer, Esq. at firstname.lastname@example.org or Luke R. Kennedy at email@example.com, or by toll-free telephone at (888) 508-6832 to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.