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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RH - RH
RHRH(RH) GlobeNewswire News Room·2025-04-29 17:29

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving RH and its officers or directors [1] Group 1: Financial Performance and Allegations - Hunterbrook Media published a report on January 24, 2025, alleging that RH may be "running out of money" and highlighted a cumulative shortfall of 1.4billioninfreecashflowoverthelast20quarters[3]ThereportalsostatedthatRHsclaimsofrapidgrowthappeartobeunsubstantiated,leadingtoastockpricedeclineof1.4 billion in free cash flow over the last 20 quarters [3] - The report also stated that RH's claims of rapid growth appear to be unsubstantiated, leading to a stock price decline of 15.72 per share, or 3.6%, closing at $418.74 on the same day [3] Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [4] - The firm has a legacy of recovering multimillion-dollar damages for class members, continuing the tradition established by its founder, Abraham L. Pomerantz [4]