Soho House & Co Inc. (SHCO) Stock Lawsuit Investigation

At a glance

  • What is the Soho House Securities Class Action Lawsuit Investigation about?

    Gibbs Law Group is investigating potential claims on behalf of SHCO investors.
  • What did Soho House do wrong?

    We are investigating whether SHCO has violated federal securities laws by providing false or misleading statements to investors.
  • What do you get out of this?

    This potential lawsuit seeks to help SHCO shareholders recover their losses.

Lost Money in Soho House (SHCO)?

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Why is Soho House & Co Inc. (SHCO) stock dropping?

On February 7, 2024, GlassHouse Research published a scathing report, alleging that global membership platform and hotel chain Soho House uses “terrible accounting” and a “broken business model.”  GlassHouse Research claims, “A lack of an opinion on internal controls by its auditor and one of the worst correspondence letters we have read from the SEC suggest dismal accounting practices.” The report further alleges that such practices led to “artificially aided earnings metrics.”

Following the report, Soho House stock plummeted over 28% in intraday trading on February 7th, causing significant harm to investors.

Our Securities Lawyers Have a Winning Record Against Companies Like Soho House

Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. Read more about our results.

You “shouldn’t presume that powerful banks and other powerful interests can just get away with doing bad things. Good, qualified counsel that are committed to a cause can usually figure out how to prosecute such cases effectively and prevail.”

Eric Gibbs, award-winning securities attorney

titan of plaintiffs bar award
best law firm ranking
chambers USA leading firms award
daily journal top plaintiff lawyers award

Praise from the Courts

Federal judge in our AT&T class action:

“I’ve always found them to be extraordinary counsel in terms of their preparation and their professionalism.”

Federal judge in our Chase lawsuit (resulting in $100 million settlement):

They “fought tooth and nail, down to the wire” to achieve “the best settlement that they could under the circumstances.”

Read more about what judges say about us.