October 16, 2023
A Washington federal judge granted a bid to end a proposed class action accusing toy-maker Funko of making misleading statements prior to its $116 million November 2017 initial public offering, siding with the investors Friday by not tossing the case with prejudice.
June 15, 2023
Washington-based toymaker Funko urged a federal judge to toss a proposed class action by investors accusing it of making misleading statements in the runup to its $116 million November 2017 initial public offering, arguing that the suit is a carbon copy of pending state court litigation and that the statements investors claim were misleading are "puffery."
October 15, 2018
A Washington federal judge on Monday denied an investor's lead plaintiff motion asking for Scott & Scott Attorneys at Law LLP to be appointed lead counsel in a proposed class action against toymaker Funko, saying the current plaintiff did not publish proper notice of the suit.
June 05, 2018
Bobblehead and figurine maker Funko's misleading statements during a $116 million initial public offering last year led its stock to tank soon after it started trading, an investor claimed in Washington federal court on Monday, accusing the toymaker in a proposed securities class action of fudging its financial strength and the sustainability of its business.