{"id":88058,"date":"2023-08-03T16:23:17","date_gmt":"2023-08-03T16:23:17","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=111748"},"modified":"2023-08-03T16:23:17","modified_gmt":"2023-08-03T16:23:17","slug":"rosen-trusted-investor-counsel-encourages-party-city-holdco-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-prty-prtyq","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/rosen-trusted-investor-counsel-encourages-party-city-holdco-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-prty-prtyq\/","title":{"rendered":"ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Party City Holdco Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action\u2013 PRTY, PRTYQ"},"content":{"rendered":"

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) —<\/p>\n

WHY:<\/strong>\u00a0Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Party City Holdco Inc. (NYSE: PRTY) (OTC: PRTYQ) between November 8, 2022 and June 9, 2023, both dates inclusive (the \u201cClass Period\u201d). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than October 2, 2023<\/strong>.<\/p>\n

SO WHAT:<\/strong>\u00a0If you purchased Party City 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.<\/p>\n

WHAT TO DO NEXT:<\/strong>\u00a0To join the Party City class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=18067<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than October 2, 2023<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW:<\/strong>\u00a0We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE:\u00a0<\/strong>According to the lawsuit, throughout the Class Period, the defendants: (1) affirmatively misrepresented that its capital resources \u201cwill be adequate to meet our liquidity needs for at least the next 12 months\u201d; (2) omitted that there was substantial doubt about the Company\u2019s ability to continue as a going concern; (3) downplayed the nature and extent of the Company\u2019s then existing liquidity problems; (4) omitted that the Company\u2019s existing credit facilities were insufficient to satisfy its operational needs and that it was unable to obtain additional loans in the normal course of business and ; (5) omitted that there was a material weakness in its internal control over financial reporting. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Party City class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=18067<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action.<\/p>\n

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\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn:\u00a0https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>\u00a0or on Twitter:\u00a0https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook:\u00a0https:\/\/www.facebook.com\/rosenlawfirm<\/a>.<\/p>\n

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm\u2019s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th<\/sup>\u00a0Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 8887087<\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Party City Holdco Inc. (NYSE: PRTY) (OTC: PRTYQ) between November 8, 2022 and June 9, 2023, both dates inclusive (the \u201cClass Period\u201d). [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,52,415],"tags":[],"yoast_head":"\nROSEN, TRUSTED INVESTOR COUNSEL, Encourages Party City Holdco Inc. 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