Shareholder alert: bernstein litowitz berger & grossmann llp announces the filing of securities class action lawsuit against figs, inc., expanding the claims asserted

New york--( business wire )--today, prominent investor rights law firm bernstein litowitz berger & grossmann llp (“blb&g”) filed a class action lawsuit for violations of the federal securities laws in the u.s. district court for the central district of california against figs, inc. (“figs” or the “company”), certain of the company's senior executives, members of the company's board of directors, a controlling shareholder of the company, and the underwriters of figs' initial public offering (“ipo”) conducted on or around may 27, 2021, and figs' secondary public offerings (“spo”) conducted on or around september 16, 2021 (collectively, “defendants”). the complaint expands the claims that were asserted in a previously filed related securities class action pending against figs captioned ryan v. figs, inc., no. 2:22-cv-7939 (c.d. cal.) and is brought on behalf of all persons or entities that purchased or otherwise acquired figs class a common stock: (i) between may 27, 2021, and may 12, 2022, inclusive (the “class period”); and/or (ii) pursuant and/or traceable to the ipo and/or spo.
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