5 FREQUENTLY ASKED QUESTIONS ABOUT THE FARFETCH CLASS ACTION LAWSUIT

11/7/2023

If you suffered losses in Farfetch stock, contact Farfetch stock loss lawyer Timothy L. Miles about a Farfetch class action lawsuit

INTRODUCTION TO THE FARFETCH CLASS ACTION LAWSUIT

The Farfetch class action lawsuit seeks to represent purchasers or acquirers of Farfetch Limited (NYSE: FTCH) securities between March 9, 2023 and August 17, 2023, both dates inclusive (the “Class Period”). Captioned Ragan v. Farfetch Limited, No. 23-cv-02857 (D. Md.), the Farfetch class action lawsuit charges Farfetch and certain of its top current executive officers with violations of the Securities Exchange Act of 1934.

If you suffered losses in Farfetch stock and wish to serve as lead plaintiff in the Farfetch class action lawsuit, please contact Farfetch Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the Farfetch class action lawsuit must be filed with the court no later than December 19, 2023.

Read on for answers to five frequently asked questions about the Farfetch class action lawsuit.

CAN A NON-U.S. INVESTOR SERVE AS LEAD PLAINTIFF IN THE FARFETCH CLASS ACTION LAWSUIT IF THEY SUFFERED LOSSES IN FARFETCH STOCK?

Yes, courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in Farfetch stock, they may move the Court to be appointed lead plaintiff in the Farfetch class action lawsuit.

CAN I BE LEAD PLAINTIFF IN THE FARFETCH CLASS ACTION LAWSUIT IF I AM LEAD PLAINTIFF IN ANOTHER CASE?

Yes, unless you have been a lead plaintiff in more than five securities class actions during any three-year period which is expressly prohibited by the securities laws. Otherwise, if you suffered losses in Farfetch stock, you may move to be appointed lead plaintiff in the Farfetch class action lawsuit.

CAN THE COURT APPOINT MORE THAN ONE LEAD PLAINTIFF IN THE FARFETCH CLASS ACTION LAWSUIT?

Yes, at its discretion the Court may appoint a person, entity, or group of persons and/or entities as Lead Plaintiffs to oversee the Farfetch class action lawsuit.

HOW WAS THE CLASS PERIOD DETERMINED IN THE FARFETCH CLASS ACTION LAWSUIT?

In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public through a corrective disclosure.

In order to be a part of the class in the Farfetch class action lawsuit, you must have suffered losses in Farfetch stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated to be included in the class action against Farfetch.

IF I SUFFERED LOSSES IN FARFETCH STOCK, HOW MUCH CAN I GET OUT OF THE FARFETCH CLASS ACTION LAWSUIT?

In a securities fraud class action lawsuit, the plaintiff’s damages are typically calculated as out-of-pocket losses. These losses are expressed as the difference between the price at which the stock was sold and the price at which the stock would have been sold absent any artificial inflation caused by the defendant’s alleged misrepresentations or omissions which is why you suffered losses in Farfetch stock. Contact a Farfetch stock loss lawyer who could explain your losses in greater detail if you suffered losses in Farfetch stock.

CONTACT AN FARFETCH STOCK LOSS LAWYER TODAY IF YOU SUFFERED LOSSES IN FARFETCH STOCK ABOUT A FARFETCH CLASS ACTION LAWSUIT

If you suffered losses in Farfetch stock, contact Farfetch stock loss lawyer Timothy L. Miles today for a free case evaluation about a Farfetch class action lawsuit. Call today and see what a Farfetch stock loss lawyer could do for you if you suffered losses in Farfetchstock.

Farfetch stock loss lawyer Timothy L. Miles

Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, 6Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America's Most Honored Lawyers 2020; Top 1% by America's Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime.

CONTACT
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr., #247
Brentwood, TN 37027
Phone: (855) 846-6529