The Lovesac Company

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of The Lovesac Company (NASDAQ: LOVE) between March 30, 2023 and August 16, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 20, 2024.

If you purchased Lovesac securities during the Class Period and would like to join the action, please click “Join This Class Action.”

集体诉讼期:March 30, 2023 through August 16, 2023
If you purchased Lovesac securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.


According to the lawsuit, defendants made materially false and misleading statements regarding the Lovesac’s business, operations, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that:

  • Lovesac did not properly account for last mile shipping and freight expenses;
  • accordingly, Lovesac’s disclosure controls and procedures and internal control over financial reporting were ineffective and deficient;
  • as a result of all the foregoing, Lovesac overstated its gross profit and operating and net income, as well as understated its shipping and handling costs and accrued freight and shipping expenses, in its previously issued financial statements;
  • accordingly, Lovesac was likely to restate one or more of its previously issued financial statements; and
  • as a result, Lovesac’s public statements were materially false and misleading at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

公司名称: The Lovesac Company
股票代号: LOVE
集体诉讼期: March 30, 2023 through August 16, 2023
法院: United States District Court District of Connecticut


自 2013 年以来,罗森律师事务所每年都是代表投资者成功提起证券集体诉讼的前四大律所之一。仅 2019 年,本律所就为投资者追回 4.38 亿美元资金。


机构股东服务公司按 2017 年证券集体诉讼索赔数量,罗森律师事务所列为第一名。