Investigations
RH
Overview
Overview
- Deadline:
- Upcoming
Company Name: | Company Name: RH |
Stock Symbol: | Stock Symbol: RH |
RH (NYSE: RH): RH is being investigated for violations of the federal securities laws in connection with potential false and misleading statements made to investors and a subsequent significant price decline in the stock.
If you incurred losses on your investments in RH, you are encouraged to submit your information.
Why is RH being Investigated?
RH is a retailer and luxury lifestyle brand operating primarily in the home furnishings market that offers merchandise assortments across a number of categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and baby, child and teen furnishings.
During the relevant period, RH announced accelerated demand “despite operating in the most challenging housing market in 3 decades,” and “a higher level of inventory” to be used as “downside protection.” The Company also announced “additional new collections and an expanded assortment,” and stated that due to its “new collections and improved in-stocks, our demand should continue to build throughout the second half of 2024.”
In truth, RH was facing softening demand and macroeconomic factors that would require the company to delay its new collections.
The Stock Declines as the Truth is Revealed
On April 2, 2025, RH reported disappointing earnings for FY 2024, citing “softening demand” in the housing market, an “uncertain macroeconomic environment,” and “excess inventory of $200 to $300 million at cost.” The Company also announced that it would be delaying “a higher amount of new collections . . . due to the rapidly changing economic outlook.” This news caused the price of RH stock to fall nearly 40%, from $249.35 per share on April 2, 2025 to $149.39 per share on April 3, 2025.
What are my Rights?
If you incurred losses on your investments in RH, you are encouraged to submit your information to speak with an attorney about your rights.
You can also contact:
Ross Shikowitz
ross@bfalaw.com
212-789-3619
All representation is on a contingency fee basis. Shareholders are not responsible for any court costs or expenses of litigation. The Firm will seek court approval for any potential fees and expenses.
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
Attorney advertising. Past results do not guarantee future outcomes.
If you incurred losses on your investments in RH, you are encouraged to submit your information.
Why is RH being Investigated?
RH is a retailer and luxury lifestyle brand operating primarily in the home furnishings market that offers merchandise assortments across a number of categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and baby, child and teen furnishings.
During the relevant period, RH announced accelerated demand “despite operating in the most challenging housing market in 3 decades,” and “a higher level of inventory” to be used as “downside protection.” The Company also announced “additional new collections and an expanded assortment,” and stated that due to its “new collections and improved in-stocks, our demand should continue to build throughout the second half of 2024.”
In truth, RH was facing softening demand and macroeconomic factors that would require the company to delay its new collections.
The Stock Declines as the Truth is Revealed
On April 2, 2025, RH reported disappointing earnings for FY 2024, citing “softening demand” in the housing market, an “uncertain macroeconomic environment,” and “excess inventory of $200 to $300 million at cost.” The Company also announced that it would be delaying “a higher amount of new collections . . . due to the rapidly changing economic outlook.” This news caused the price of RH stock to fall nearly 40%, from $249.35 per share on April 2, 2025 to $149.39 per share on April 3, 2025.
What are my Rights?
If you incurred losses on your investments in RH, you are encouraged to submit your information to speak with an attorney about your rights.
You can also contact:
Ross Shikowitz
ross@bfalaw.com
212-789-3619
All representation is on a contingency fee basis. Shareholders are not responsible for any court costs or expenses of litigation. The Firm will seek court approval for any potential fees and expenses.
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
Attorney advertising. Past results do not guarantee future outcomes.