Rosen Law Firm Announces Critical Deadline for Lovesac Company Investors to Secure Counsel in Class Action Suit

NEW YORK, Feb. 08, 2024 — The Rosen Law Firm, a preeminent global investor rights firm, is issuing an important reminder to all individuals and entities that purchased LOVE securities during the class period of March 30, 2023, through August 16, 2023. The firm highlights the nearing deadline of February 20, 2024, for shareholders to seek a position as lead plaintiff in a securities class action lawsuit that has been filed.

About The Lovesac Company

The Lovesac Company, headquartered in Stamford, Connecticut, is known for its innovative approach to modern furniture design, manufacturing, and sales. Its unique product offerings have attracted a diverse consumer base.

Details of the Securities Class Action

The lawsuit alleges that during the class period, The Lovesac Company made materially false and/or misleading statements and/or failed to disclose information pertinent to investors. Misrepresentations and omissions affected the integrity of LOVE securities prices. As the truth came to light, investors suffered damages.

Investors' Opportunity to Act

Purchasers of LOVE securities have until the 20th of February to petition the court for lead plaintiff status. The Rosen Law Firm is prepared to assist shareholders in navigating the complex process of asserting their rights within the class action lawsuit.

What Shareholders Should Do

Investors who have acquired shares of The Lovesac Company within the stated timeframe and who wish to discuss the class action are encouraged to contact the Rosen Law Firm for a legal consultation. The deadline is fast approaching, and timely participation is crucial for representation in the case.

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