LOS ANGELES, CA / ACCESSWIRE / November 20, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fox Factory Holding Corp. ("Fox Factory" or "the Company") (NASDAQ:FOXF) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Fox Factory is the subject of a report by Dow Jones published on November 3, 2023, noting that the Company "reported a steep drop in sales due to a glut of bikes in the market and fallout from the auto workers strikes." Based on this news, shares of Fox Factory fell by more than 30% in intraday trading on the same day.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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SOURCE: The Schall Law Firm