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Sanders v. The RealReal, Inc. et al
Case Number:
5:19-cv-07737
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Multi Party Litigation:
Class Action
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July 29, 2022
Rosen Gets $2.4M From $11M Retailer Securities Settlement
The Rosen Law Firm PA will get nearly $2.5 million for its work representing investors in luxury goods consignment marketplace The RealReal Inc. in a proposed class action alleging the company misled prospective investors about its authentication protocols in the lead-up to the company's 2019 initial public offering.
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November 08, 2021
Luxury Retailer To Pay $11M To Settle Securities Fraud Suit
Online luxury goods retailer the RealReal Inc. will pay $11 million to settle claims that it misled investors about its ability to monetize its user base in the run-up to its initial public offering, according to a motion for preliminary approval that the investors filed in California federal court Friday.