Business Wire

WBTN Investors Have Opportunity to Join WEBTOON Entertainment Inc. Securities Fraud Investigation with the Schall Law Firm

LOS ANGELES–(BUSINESS WIRE)–

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Webtoon reported its second quarter 2024 financials on August 8, 2024, just six weeks after its initial public offering (IPO). The Company’s revenue of $321 million fell short of analysts’ forecasts. Based on this shortfall, shares of Webtoon fell by 38.1% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm

Brian Schall, Esq.

310-301-3335

[email protected]
www.schallfirm.com

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