SAN DIEGO, Nov. 19, 2019 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NYSE: FTCH shares. 

Investors, who purchased shares of Farfetch Limited (NYSE: FTCH), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. 

On September 17, 2019, a lawsuit was filed against Farfetch Limited over alleged Securities Laws Violations in connection with the Company’s September 2018 initial public offering (“IPO”). The plaintiff claims that the defendants failed to disclose to investors, that large scale online wholesale was reasonably likely to lead to pricing volatility and heavy promotions of luxury goods, that the Company’s core business was vulnerable to such pricing pressures, that the Company would aggressively pursue acquisitions to remain profitable, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. 

Those who purchased Farfetch Limited (NYSE: FTCH) shares should contact the Shareholders Foundation, Inc. 

CONTACT:
Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 
mail@shareholdersfoundation.com 
3111 Camino Del Rio North 
Suite 423 
San Diego, CA 92108 

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.