WEBTOON Entertainment Inc. (WBTN) Investigation: Bronstein, Gewirtz and Grossman, LLC Encourages Shareholders to Seek Compensation for Alleged Wrongdoings

/EIN News/ -- NEW YORK, Aug. 25, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of WEBTOON Entertainment Inc. (“Webtoon” or “the Company”) (NASDAQ: WBTN). Investors who purchased Webtoon securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/WBTN.

Investigation Details

On August 8, 2024, just six weeks after its initial public offering, Webtoon reported its second quarter 2024 financials. The Company’s revenue of $321 million fell short of analysts’ forecasts. Following this news, Webtoon stock dropped 38.1% on the same day.

What's Next?

If you are aware of any facts relating to this investigation or purchased Webtoon securities, you can assist this investigation by visiting the firm’s site: bgandg.com/WBTN. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com