Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, is continuing its investigation on behalf of Polished.com Inc. (“Polished.com” or the “Company”). POLE Investors regarding possible violations of the federal securities laws by the company.
If you have suffered a loss on your investments on Polished.com or would like to inquire about potential claims to recover your loss under federal securities laws, you may submit your contact information at www.glancylaw.com/cases/polishcom-inc/. You can also contact GPM’s Charles H. Linehan at 310-201-9150, toll free at 888-773-9224, or email at shareholders@glancylaw.com to learn more about your rights.
On August 15, 2022, after the market closed, Polished.com announced that it was unable to timely file its second quarter 2022 report due to an ongoing investigation into “specific allegations by certain former employees related to the Company’s operations.” .
Polished.com stock fell as much as 23% during after-hours trading on Aug. 15, 2022, on the back of this news, hurting investors.
Then, on October 14, 2022, Polished.com announced that its Chief Executive Office and President, its Chief Operating Officer and its Chief Financial Officer and Secretary have all resigned, effective immediately.
On the news, Polished.com stock fell $0.037, or 7.5%, to close at $0.458 per share on Oct. 17, 2022, further hurting investors.
Follow us on for updates LinkedIn, Twitteror Facebook.
Note for whistleblowers: Those with nonpublic information about Polished.com should consider their options to assist the investigation or use the SEC’s whistleblower program. Under the program, whistleblowers who provide original information can receive awards totaling up to 30 percent of each successful SEC recovery. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email Charles H. Linehan shareholders@glancylaw.com.
About GPM
