Investigation Launched: RH Investors Cautioned Amid Fraud Allegations
Investigation into Alleged Securities Fraud Involving RH
Pomerantz LLP, a prominent law firm known for its expertise in securities class actions, has initiated an investigation on behalf of investors of RH, the publicly traded company listed on the NYSE under the ticker symbol 'RH'. This investigation is set against a backdrop of serious allegations concerning potential securities fraud and other unlawful business practices connected to the company's executives and board members.
Background of the Investigation
On January 24, 2025, a report surfaced from Hunterbrook Media claiming that RH was in a precarious financial situation, allegedly