Market Overview

Scott+Scott Attorneys at Law LLP Reminds Investors of August 27 Lead Plaintiff Deadline in Federal Securities Class Action Against Funko, Inc. (FNKO)

Share:

Scott+Scott
Attorneys at Law LLP
("Scott+Scott"), a national securities and
consumer rights litigation firm, is alerting investors that a class
action lawsuit has been filed in federal court against Funko, Inc.
(NASDAQ:FNKO) ("Funko" or the "Company") and other defendants, related
to alleged violations of federal securities laws. If you purchased
Funko common stock in or traceable to the Company's initial public
offering ("IPO"), held on or about November 3, 2017, or if you purchased
Funko common stock after November 3, 2017, you are encouraged to contact
a Scott+Scott attorney at (844) 818-6982 for additional information.

The lead plaintiff deadline is August 27, 2018.

Funko is a pop culture consumer products company that sells a broad
range of pop culture consumer products, featuring characters from a
range of media and entertainment content, including movies, TV shows,
video games, music and sports. Its products combine its proprietary
brands and designs into properties it licenses from content providers.

The lawsuit claims that the Company's Registration Statement and
Prospectus issued in connection with the IPO were materially misleading.
In the IPO, the Company sold over 10.4 million shares of common stock at
a price of $12.00 per share.

Funko's IPO "flopped" as its "IPO saw the worst first-day return for a
Wall Street IPO in 17 years," according to Comics Gaming Magazine.
By market close on November 3, 2017, the price of Funko common stock
dropped over 41% from its initial price of $12.00 to close at $7.00. It
is alleged that the precipitous drop stems from Funko's accounting
practices, which The Seattle Times called "the latest example of
fun-house accounting on Wall Street."

What You Can Do

If you purchased Funko common stock on or after November 3, 2017, or if
you have questions about this notice or your legal rights, please
contact attorney Joe Pettigrew at (844) 818-6982, or at jpettigrew@scott-scott.com.

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience in prosecuting major securities,
antitrust, and employee retirement plan actions throughout the United
States. The firm represents pension funds, foundations, individuals, and
other entities worldwide with offices in New York, London, Connecticut,
California, and Ohio.

Attorney Advertising

CONTACT:

Joe Pettigrew
Scott+Scott
Attorneys at Law LLP

230 Park Ave, 17 Fl, NY, NY
10169-1820

(844) 818-6982
jpettigrew@scott-scott.com

View Comments and Join the Discussion!