Shareholders Foundation, Inc.

NYSE:RH Shareholder Notice: Investigation over Possible Wrongdoing at RH (Formerly Restoration Hardware Holdings) Announced

An investigation on behalf of current long term investors in RH (NYSE:RH) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

 

San Diego, CA -- (SBWIRE) -- 03/20/2018 -- An investigation was announced for investors in shares of RH (NYSE:RH) over possible breaches of fiduciary duties by certain directors of RH, formerly Restoration Hardware Holdings, Inc,.

Investors who are current long term investors in RH (NYSE:RH) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE:RH stocks follows a lawsuit filed recently against RH over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:RH stocks, concerns whether certain RH directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 26, 2015 to June 8, 2016, RH reported false and misleading earnings forecasts based on its new product line, RH Modern and that RH misrepresented and concealed the problems surrounding the launch of RH Modern including inventory shortages, shipping delays, and poor construction quality.

Those who purchased shares of RH (NYSE:RH) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com