ReleaseWire

NASDAQ:FNKO Shareholder Notice: Lawsuit Alleges Misleading Statements by Funko Inc

A lawsuit was filed on behalf of investors in Funko Inc (NASDAQ:FNKO) shares over alleged securities laws violations and NASDAQ:FNKO investors should contact the Shareholders Foundation.

Posted: Wednesday, March 07, 2018 at 11:45 AM CST

San Diego, CA -- (SBWire) -- 03/07/2018 --An investor, who purchased shares of Funko Inc (NASDAQ:FNKO), filed a lawsuit over alleged Securities Laws violations by Funko Inc in connection with its initial public offering ("IPO").

If you purchased shares of Funko Inc (NASDAQ:FNKO) you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants violated Sections 11, 12, and 15 of the Securities Act of 1933, as amended, by making allegedly materially misleading statements and by omitting material facts necessary to make the statements made therein not misleading.

Funko Inc went public in early November 2017 and its shares reached as high as $8.71 per share in early December 2017. Since then Funko Inc has faced media scrutiny concerning what one outlet referred to as "fun-house accounting."

Those who purchased shares of Funko Inc (NASDAQ:FNKO) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com