Purple Investor Alert: Thornton Law Firm Investigating Potential Securities Class Action on Behalf of PRPL Investors
November 11, 2021 3:45 PM EST | Source: Thornton Law Firm
Boston, Massachusetts--(Newsfile Corp. - November 11, 2021) - The Thornton Law Firm alerts investors that it is investigating potential securities violations on behalf of investors of Purple Innovation, Inc. (NASDAQ: PRPL). Investors who currently own securities of PRPL may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.com/cases/Purple for more information. Investors may also email investors@tenlaw.com or call 617-531-3917.
FOR MORE INFORMATION: www.tenlaw.com/cases/Purple
On November 9, 2021, Purple Innovation announced disappointing third quarter earnings "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 which are deeply interconnected." On this news, the price of the Company's stock declined.
FOR MORE INFORMATION: www.tenlaw.com/cases/Purple
Thornton Law Firm's securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
CONTACT:
Thornton Law Firm LLP
1 Lincoln Street
State Street Financial Center
Boston, MA 02111
www.tenlaw.com/cases/Purple
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