Pomerantz Law Firm Investigates Weis Markets, Inc. Over Financial Statement Restatements
Weis Markets, Inc. (NYSE: WMK) is under investigation by Pomerantz LLP for potential securities fraud related to restated financial statements. The company announced the restatement of financial statements for fiscal years 2022 through 2024 and 2025 interim reports due to overstated inventory, leading to a 7.16% drop in its stock price. The firm is seeking to represent affected investors.
Topics: class action financial restatement SEC filing securities fraud stock price drop