New York, Dec. 13, 2022 – Rosen Law Firm, globally recognized in investor rights, urges those who purchased Rent the Runway, Inc. (NASDAQ: RENT) securities in connection with the company’s October 2021 IPO to seek legal counsel promptly ahead of the January 13, 2023, lead plaintiff deadline in the ongoing securities class action lawsuit.

Eligibility for Compensation Without Out-of-Pocket Fees

Investors who purchased Rent the Runway shares may be eligible for compensation through a contingency fee arrangement. To join the class action or learn more about serving as a lead plaintiff, affected parties should reach out to Phillip Kim, Esq., toll-free at 866-767-3653, or visit the Rosen Law Firm website to submit a form by the January 13 deadline.

Why Choose Rosen Law Firm?

Known for its expertise in securities class action and shareholder derivative litigation, Rosen Law Firm has a successful track record, having achieved significant settlements and accolades, including the largest settlement against a Chinese company. As a leader in the field, Rosen Law is well-equipped to represent global investors.

Case Details

The lawsuit contends that Rent the Runway’s IPO documents misrepresented key financial risks and operational hurdles, such as the effects of pandemic-related costs and slowed subscriber growth, causing significant financial harm to investors once the undisclosed details came to light.

Next Steps for Investors

To learn more or participate, investors can reach out directly to Rosen Law Firm. Note that until the class is certified, investors remain unrepresented unless they retain counsel.