WEBR SHAREHOLDER ALERT: Jakubowitz Law Reminds Weber Shareholders of a Lead Plaintiff Deadline of September 27, 2022

 Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Weber Inc.

This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Weber Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s August 2021 initial public offering.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until September 27, 2022 to petition the court. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

According to a filed complaint, Weber Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Weber was reasonably likely to implement price increases; (2) as a result, consumer demand for Weber’s products was reasonably likely to decrease; (3) due to the resulting inventory buildup, Weber was reasonably likely to run promotions to “enhance retail sell through”; (4) the foregoing would adversely impact Weber’s financial results; and (5) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

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