Recent Security Class Actions

Vintage Wine Estates Inc. Common Stock (NASDAQ: VWE)

47 Days left to seek lead plaintiff status.

Company Name:Vintage Wine Estates Inc. Common Stock
Stock Symbol:NASDAQ: VWE
Class Period Start:10/13/2021
Class Period End (inclusive):09/13/2022
Filing Deadline:01/13/2023

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that, due to a material weakness related to its inventory controls and procedures, the Company lacked a reasonable basis to report inventory metrics; (2) that the Company understated its overhead burden in certain quarters, thereby overstating its adjusted EBITDA; (3) that, as a result of the foregoing, Vintage Wine was reasonably likely to incur significant charges to restate prior reporting; and (4) as a result, Defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times.

Vintage Wine Estates Inc. Common Stock (NASDAQ: VWE) Claim Form

Name(Required)
Address
Consent(Required)
This field is for validation purposes and should be left unchanged.