On or around 11/05/2021 (Date of stipulation and/or agreement of settlement)
Filing Date: November 25, 2019
According to the Complaint, RealReal describes itself as the world’s largest online marketplace for authenticated, consigned luxury goods.
This is a federal securities class action on behalf of all persons and entities, other than Defendants, who purchased RealReal common stock pursuant and/or traceable to the Company’s Registration Statement issued in connection with the Company’sJune 27, 2019 initial public offering, seeking to recover compensable damages caused by Defendants’ violations of the Securities Act of 1933.
On February 12, 2020, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on March 31. Defendants filed a Motion to Dismiss the amended Complaint on May 15. On March 31, 2021, the Court issued an Order granting in part and denying in part Defendants' Motion to Dismiss. Lead Plaintiff filed a second amended Complaint on April 30.
The parties entered into a Stipulation of Settlement on November 5, 2021.
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