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Shareholder Alert: Robbins Arroyo LLP Reminds Investors it is Investigating the Officers and Directors of Farfetch Limited (FTCH)


Shareholder rights law firm Robbins Arroyo LLP reminds shareholders that it is investigating whether certain officers and directors of Farfetch Limited (FTCH) breached their fiduciary duties to shareholders. On August 8, 2019, Farfetch reported a larger-than-expected loss of $89.8 million for second quarter 2019. In addition to its disappointing financials, Farfetch announced a $675 million acquisition of New Guards Group and the resignation of its Chief Operating Officer. On this news, Farfetch's share price fell $8.12, over 44%, to close at $10.13 on August 9, 2019. Farfetch provides an online marketplace for luxury goods.

If you own shares of Farfetch and have suffered a loss, click here.

Farfetch Limited (FTCH) Shareholders Have Legal Options

Contact us to learn more:
Leo Kandinov
(800) 350-6003
Shareholder Information Form

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click here to receive free alerts from Stock Watch when companies engage in wrongdoing.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20190826005665/en/