NYSE:RHSpecialty Retail
RH (RH) Is Up 13.2% After Securities Probe Follows Missed Guidance – Has The Bull Case Changed?
Pomerantz LLP has begun investigating RH on behalf of investors after the company reported fiscal year 2024 earnings and revenue that fell short of its earlier guidance, prompting questions about possible securities law violations or other unlawful practices by certain officers and directors.
This legal scrutiny adds a new layer of business and governance risk for RH, coming immediately after already disappointing operational results.
We’ll now examine how the securities fraud investigation...