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CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rent the Runway investors who were adversely affected by alleged securities fraud.
Dec 1, 2022 | prnewswire.comSpecifically, leading up to Rent the Runway’s IPO, the company claimed that it was experiencing a business resurgence as concerns about the COVID-19 pandemic eased, lockdown orders ceased, and its customers engaged in more social outings.
Nov 20, 2022 | globenewswire.comRENT THE RUNWAY, INC. (NASDAQ: RENT) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Rent the Runway, Inc. (NASDAQ: RENT) / EIN News / -- Did you lose money on investments in Rent the Runway?
Nov 18, 2022 | internationalworldtimes.comBragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Rent the Runway, Inc. (“Rent the Runway” or the “Company”) (NASDAQ: RENT) in the United States District Court of Eastern New York on behalf of all persons and entities who purchased or otherwise acquired Rent the Runway securities pursuant to the company’s October 2021 IPO, both dates inclusive (the “Class Period”).
Nov 17, 2022 | businesswire.comTokopedia, one of the largest ecommerce companies in Indonesia, is using Google Cloud to deliver hundreds of terabytes of data in 700 milliseconds; Doordash is helping its 340K merchants better target promotions; and Rent the Runway is working with Google Cloud to migrate onto a more scalable container-based platform to better power its future growth and innovation.
Oct 10, 2022 | google.comAn investigation was announced over potential securities laws violations by Rent the Runway, Inc. and certain of its directors and officers in connection with certain financial statements.
Sep 29, 2022 | openpr.comThe investigation concerns whether Rent the Runway and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Sep 13, 2022 | benzinga.comMeanwhile, Rent the Runway went public with an IPO that valued it at $1.7 billion, whilst a funding round into the luxury marketplace Vestiaire Collective raised its valuation to a similar amount.
Jan 1, 2022 | retailsector.co.ukDuring the quarter, Rent the Runway launched six new exclusive collections, with plans for almost 20 such partnerships this year — on track to becoming 60% of the company’s product acquisition mix this year.
Jan 1, 2022 | retaildive.comSaks OFF 5TH has partnered with Rent the Runway, the largest shared designer closet, to provide Saks OFF 5TH customers access to pre-owned designer fashion for the first time directly from Rent the Runway.
Jan 1, 2022 | fashionado.netRent the Runway is more than 10 years old now and has raised upwards of $500 million, recently filing to IPO at a valuation north of $1 billion.
Jan 1, 2021 | techcrunch.comSaks off Fifth partnering up with Rent the Runway.
Dec 31, 2020 | podcastone.comFounded in 2009, Rent the Runway is relocating from 345 Hudson St. in Manhattan’s Hudson Square neighborhood.
Jan 1, 2019 | connect.mediaThe news that Rent The Runway has partnered with W Hotels to make rental clothes available for guests when they check in was a great step towards circular fashion becoming even more ingrained in people’s lives.
Jan 1, 2019 | variantbrand.comRent the Runway’s previous investment came in back in 2016, when it raised a $60 million Series E round led by Fidelity.
Jan 1, 2018 | techcrunch.com