NEW YORK, Aug. 15, 2019 /PRNewswire/ — Bragar Eagel & Squire, P.C. is investigating potential claims against Fartech Limited (NYSE: FTCH) on behalf of Fartech investors.  Our investigation concerns whether Fartech has violated the federal securities laws and/or engaged in other unlawful business practices.

(PRNewsfoto/Bragar Eagel & Squire, P.C.)

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On August 8, 2019, Farfetch reported a larger-than-expected loss of $89.6 million for the second quarter of 2019. The Company also announced the $675 million acquisition of New Guards Group and that its Chief Operating Officer had resigned.

On this news, the Company’s share price fell $8.12, over 44%, to close at $10.13 on August 9, 2019.

If you purchased or otherwise acquired Fartech shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation.  For additional information concerning our investigation into Fartech please go to https://bespc.com/FTCH.  For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes. 

 

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SOURCE Bragar Eagel & Squire, P.C.