Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Groupon, Inc. following allegations of questionable accounting practices and misleading investors regarding the company's turnaround efforts [1][2]. Group 1: Investigation and Allegations - Pomerantz LLP is representing investors of Groupon, Inc. in an investigation concerning possible securities fraud or other unlawful business practices by the company and its officers or directors [1]. - A report published by short-seller Captain's Log on June 9, 2025, accused Groupon of engaging in questionable accounting practices and misleading investors about the success of its turnaround [2]. - Following the allegations, Groupon's stock price decreased by $1.61 per share, or 4.89%, closing at $31.33 per share on June 9, 2025 [2]. Group 2: Pomerantz LLP Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of over 85 years in fighting for victims of securities fraud and corporate misconduct [3]. - The firm has successfully recovered numerous multimillion-dollar damages awards for class members, continuing the legacy of its founder, Abraham L. Pomerantz [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Groupon, Inc. - GRPN