SHAREHOLDER ALERT: Investigation of WeWork Inc. Announced by Holzer & Holzer, LLC

·2 min read

Atlanta, Georgia--(Newsfile Corp. - December 2, 2021) - Holzer & Holzer, LLC is investigating whether WeWork Inc. ("WeWork" or the "Company") (NYSE: WE) complied with federal securities laws. On December 1, 2021, WeWork filed a Form 8-K with the SEC disclosing that it will restate its financial results for 2020 and the first three quarters of 2021 after failing to properly account for certain equity when it went public through a SPAC. The disclosure states that "the Company's management has concluded that, that in light of the classification error described above, there was a material weakness in internal control over financial reporting relating to the interpretation and accounting for certain complex features of the Public Shares." On this news the Company's stock dropped.

If you purchased WeWork stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106368

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