Kaskela Law LLC is investigating RH f/k/a Restoration Hardware (NYSE: RH) (“RH” or the “Company”) on behalf of the Company’s current stockholders.
In 2017, a shareholder class action complaint was filed against the Company in federal court on behalf of certain purchasers of RH’s common stock. Among other things, the shareholder complaint alleged that RH and certain of the Company’s senior executive officers violated the federal securities laws by making a series of materially false and misleading statements to investors concerning the Company’s launch of RH Modern. In February 2018, the federal court presiding over the litigation denied defendants’ motion to dismiss the class action complaint, paving the way for litigation to proceed against RH and certain senior executive officer defendants.
Kaskela Law LLC is investigating whether the members of RH’s Board of Directors failed to properly fulfill their fiduciary duties to the Company and its stockholders in connection with the above.
Current RH stockholders who would like more information about their rights and potential remedies are encouraged to contact the firm and/or complete the information form on this page.