Workflow
Kirby McInerney LLP Announces Investigation Against RH (RH) on Behalf of Investors
RHRH(RH) GlobeNewswire News Room·2025-03-13 00:00

Core Viewpoint - Kirby McInerney LLP is investigating potential claims against RH regarding possible violations of federal securities laws and other unlawful business practices [1][3]. Financial Performance - A report by Hunterbrook Media claims that RH may be "running out of money," highlighting a cumulative shortfall of 1.4billioninfreecashflowoverthelast20quarters[3].ThereportindicatesthatRHhasconsistentlyfailedtomeetexpectations,whichhasledtoadeclineinsharepricefrom1.4 billion in free cash flow over the last 20 quarters [3]. - The report indicates that RH has consistently failed to meet expectations, which has led to a decline in share price from 434.46 on January 23, 2025, to 418.74onJanuary24,2025,adropof418.74 on January 24, 2025, a drop of 15.72 per share [3]. Legal Investigation - The investigation by Kirby McInerney LLP focuses on whether RH and its officers have engaged in unlawful business practices [1]. - The law firm is reaching out to individuals who purchased RH securities to gather information and discuss potential claims [4].