NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Soho House & Co Inc. (“Soho House” or the “Company”) (NYSE: SHCO) on behalf of Soho House stockholders. Our investigation concerns whether Soho House has violated the federal securities laws and/or engaged in other unlawful business practices.
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On February 7, 2024, GlassHouse Research issued a report with concerns regarding the Company's operations. The report goes on to say the Company is experiencing a broken business model as well as questionable accounting practices. GlassHouse states that the grievances it has with the company's accounting include artificially aiding earnings metrics and a “lack of an opinion on internal controls by its auditor and one of the worst correspondence letters we have read from the SEC suggest dismal accounting practices.”
If you purchased or otherwise acquired Soho House shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
