SHAREHOLDER ALERT: Pomerantz Law Firm Investigating Claims on Behalf of Polished.com Inc. Investors f/k/a 1847 Goedeker Inc. – POL; GOED

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New York, New York, Nov. 19, 2022 (Newsfile Corp via COMTEX) — New York, New York — (Newsfile Corp. – Nov. 19, 2022) — Pomerantz LLP is investigating claims on behalf of investors from Polished.com Inc. . f/k/a 1847 Goedeker Inc. (“Polished” or the “Company”) (NYSE American: POL) (NYSE American: GOED). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529 ext. 7980.

The investigation focuses on whether Polished and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.

[Click here for information about joining the class action]

In July 2020, Polished (then known as 1847 Goedecker Inc.) completed its initial public offering (“IPO”), selling shares at a price of $9.00 per share. Then, on August 15, 2022, after market hours, Polished announced on Form 12b-25 filed with the SEC its failure to timely file its Form 10-Q for its fiscal 2022 second quarter ended August 30. June 2022 due to its The Audit Committee of the Board of Directors recently launched “an independent investigation into certain allegations made by certain former employees relating to the Company’s business activities”. In addition, the Company announced that “[t]The investigation is ongoing and the Audit Committee continues to work diligently with independent attorneys and consultants to complete the investigation” and that “[t]The Company cannot predict the duration of the investigation, its eventual scope, outcome, or impact on the Company’s financial results.” closing hours on August 15, 2022 and pre-market trading on August 16, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris and Tel Aviv, is recognized as one of the leading law firms in the areas of corporate litigation, securities and antitrust. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he established, fighting for the rights of victims of securities fraud, breaches of fiduciary duty and corporate misconduct. The firm recovered numerous multimillion-dollar damages on behalf of class members. See www.pomlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144945

COMTEX_419285805/2523/2022-11-19T16:34:54

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