Waitr Holdings Inc Securities Litigation

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Lawsuit Overview

Defendant:Waitr Holdings Inc.
Date Filed:September 26th, 2019
Industry:Business Services
Class Start Date:May 17th, 2019
Class End Date:August 8th, 2019

According to the Complaint, Waitr purports to be a leading online food ordering and delivery service connecting local restaurants to diners in underserved markets via its website and mobile application Waitrapp.com. Prior to being acquired by Landcadia, there was no public market for Old-Waitr common stock. Immediately following the acquisition of Old-Waitr by Landcadia, on November 16, 2018, Landcadia changed its name to Waitr and shares of the new combined entity Waitr began trading on the Nasdaq under the symbol "WTRH."

The Complaint alleges that during the Class Period, Defendants materially misled the investing public, thereby inflating the price of the Company's securities, by publicly issuing false and misleading statements and omitting to disclose material facts necessary to make Defendants' statements not false and misleading.

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First Identified Complaint

Walter Welch, et al. v. Meaux, et al.

Date Filed:September 26th, 2019
Class Period Start:May 17th, 2019
Class Period End:August 8th, 2019
First Identified Complaint Filings
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