| COMPANY |
Party City Holdco, Inc. |
| COURT |
United States District Court for the Southern District of New York |
| CASE NUMBER |
15-cv-9080 |
| JUDGE |
The Honorable Lewis A. Kaplan |
| CLASS PERIOD |
Pursuant and or traceable to the company’s Initial Public Offering (“IPO”) on or around April 16, 2015 |
| SECURITY TYPE |
Common Stock |
Case Background:
A class action lawsuit has been filed on behalf of those who purchased or otherwise acquired shares of Party City Holdco, Inc. (NYSE: PRTY) (“Party City”) pursuant and or traceable to the company’s Initial Public Offering (“IPO”) on or around April 16, 2015.
The complaint alleges that on January 1, 2014, Party City filed a Registration Statement on Form S-1 with the SEC. On April 10, 2015, Party City filed its eighth amendment to the Registration Statement on Form S-1/A with the SEC, which was signed by the individual defendants. In the IPO, 21,875,000 shares of Party City were sold at $17.00 per share. The complaint alleges that Defendants violated the federal securities laws by their false statements and omissions in connection with the documents filed with the SEC relating to the IPO.
Current Status of Case:
On February 1, 2017, the Court entered an Opinion granting Defendants’ Motions to Dismiss the complaint, and Judgment was entered closing the case. This action has concluded.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.