YogaWorks, Inc. (YOGA)


Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In YogaWorks, Inc. To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in YogaWorks, Inc. ("YogaWorks" or the "Company")(NASDAQ:YOGA) of the February 25, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.


If you invested in YogaWorks stock or options pursuant and/or traceable to the Company's August 10, 2017 initial public offering ("IPO") and would like to discuss your legal rights, click here: www.faruqilaw.com/YOGA. There is no cost or obligation to you.


You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by filing out the form below. 


The lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of all those who purchased YogaWorks securities pursuant and/or traceable to the Company's August 10, 2017 IPO. The case, Craig Cohen v. YogaWorks, Inc. et al., No. 18-cv-10696 was filed on December 27, 2018, and has been assigned to Judge Cormac J. Carney.


The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to adequately disclose: (1) declining studio profitability; (2) the impact of increased corporate overhead; (3) declining financial metrics that would ultimately lead to a substantial  impairment charge; and (4) the conditions that led to the Defendants to postpone the initial offering.
Since YogaWorks's IPO, the Company's share price has declined from its IPO price of $5.50 by approximately 92%.
 

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YogaWorks, Inc. (YOGA)

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Details

Filed on 01/07/2019

Ticker NASDAQ:YOGA

Office

685 Third Avenue 26th Floor

10017 New York, New York

Phone (212) 983-9330

Fax (212) 983-9331

Counsel

Richard W. Gonnello rgonnello@faruqilaw.com Phone (212) 983-9330 Fax (212) 983-9331

Finding us

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Our offices are nationwide. If you have any questions about a case or our firm, please contact us.

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685 Third Avenue 26th Floor
New York, New York 10017
(212) 983-9330
(877) 247-4292
(212) 983-9331

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Los Angeles, California 90024
(424) 256-2884
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Atlanta, Georgia 30342
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Philadelphia, Pennsylvania 19103
(215) 277-5770
(215) 277-5771

Faruqi & Faruqi office in New York, New York

Faruqi & Faruqi office in Los Angeles, California

Faruqi & Faruqi office in Wilmington, Delaware

Faruqi & Faruqi office in Atlanta, Georgia

Faruqi & Faruqi office in Philadelphia, Pennsylvania