FNKO LAWSUIT ALERT: Levi & Korsinsky Notifies Funko, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, June 29, 2023

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Funko investors who were adversely affected by alleged securities fraud between May 6, 2022 and March 1, 2023. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/funko-lawsuit-submission-form?prid=41449&wire=4

FNKO investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Funko was experiencing significantly larger delays in implementing its enterprise resource planning ("ERP") software than it was disclosing to investors; (ii) having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (iii) Funko's inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko's earnings before interest, taxes, depreciation, and amortization ("EBITDA") margin.

WHAT'S NEXT? If you suffered a loss in Funko during the relevant time frame, you have until August 1, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.