San Diego, CA -- (SBWIRE) -- 10/03/2023 -- The Shareholders Foundation announced that a deadline is coming up on October 2, 2023 in the lawsuit filed for certain investors of Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY).

Investors who purchased shares of Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) have certain options and there are strict and short deadlines running. Deadline: October 2, 2023 . Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) common shares between November 8, 2022 and June 9, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 8, 2022 and June 9, 2023, the defendants made false statements and/or concealed that the Company affirmatively misrepresented that its capital resources "will be adequate to meet our liquidity needs for at least the next 12 months", that omitted that there was substantial doubt about the Company's ability to continue as a going concern, that downplayed the nature and extent of the Company's then-existing liquidity problems, that omitted that the Company's existing credit facilities were insufficient to satisfy its operational needs and that it was unable to obtain additional loans in the normal course of business, and that omitted that there was a material weakness in its internal control over financial reporting.

Those who purchased shares of Party City Holdco Inc. (OTC: PRTYQ, formerly NYSE: PRTY) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
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.