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SHAREHOLDER ALERT: Investigation of Purple Innovation, Inc. Announced by Holzer & Holzer, LLC

Atlanta, Georgia--(Newsfile Corp. - November 11, 2021) - Holzer & Holzer, LLC is investigating whether Purple Innovation, Inc. ("Purple" or the "Company") (NASDAQ: PRPL) complied with federal securities laws. On November 9, 2021, Purple's CEO, Joe Megibow, stated in a press release that "[o]ur third quarter results were disappointing, largely driven by impacts from our manufacturing backlog that were longer-lasting than we anticipated. Our lack of inventory impacted sales through all of our channels . . ." On this news, the price of the Company's stock declined.

If you purchased Purple stock and suffered a loss on that investment, you are encouraged to contact Marshall Dees, Esq. at mdees@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

Marshall Dees, Esq.
(888) 508-6832 (toll-free)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103073