An investigation on behalf of investors in Polished.com Inc. (NYSE:POL) shares over potential wrongdoing at Polished.com Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/13/2022 -- An investigation was announced over potential breaches of fiduciary duties by certain directors at Polished.com Inc.
Investors who purchased shares of Polished.com Inc. (NYSE: POL) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Polished.com Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Polished.com Inc., formerly know as 1847 Goedeker Inc. operates an e-commerce platform for appliances, furniture, and home goods in the United States. On August 15, 2022, after the market had closed, Polished.com disclosed that it is unable to timely file its second quarter 2022 report due to an ongoing investigation regarding "certain allegations made by certain former employees related to the Company's business operations." Shares of Polished.com Inc. (NYSE: POL) declined from $3.669 per share on October 18, 2021, to as low as $0.75 per share on August 23, 2022.
Those who purchased shares of Polished.com Inc. (NYSE: POL) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.