The law firm of Kirby McInerney LLP is investigating potential claims against RH (“RH” or the “Company”) (NYSE: RH). The investigation concerns whether RH and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
RH distributes home furnishing products.
On February 6, 2023, RH announced that its annual report for the fiscal year ended January 29, 2022 and quarterly report for the fiscal quarter ended October 29, 2022 contained errors in the calculation of net income per share, and that the Company’s financial statements for each of the quarterly periods ended April 30, July 30, and October 29, 2022 should no longer be relied upon. On this news, the price of RH shares declined by $25.19 per share, or approximately 7.33%, from $343.62 per share to close at $318.43 on February 6, 2023.
If you purchased or otherwise acquired RH securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at firstname.lastname@example.org, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: http://www.kmllp.com.
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Kirby McInerney LLP
Thomas W. Elrod, Esq.