LOS ANGELES–(BUSINESS WIRE)–$SGHC #SGHC—The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Super Group (SGHC) Limited (“Super Group” or “the Company”) (NYSE: SGHC) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Super Group released its second quarter 2022 financial results and provided fiscal 2022 guidance on August 11, 2022. The Company provided revenue guidance of “between €1.15 billion and €1.28 billion” and adjusted EBITDA “between €200 million and €250 million.” The Company blamed “ongoing pressures from multiple economic and regulatory headwinds, together with some further degree of post-COVID normalization,” for the disappointing guidance. Based on this news, shares of Super Group fell by more than 12% on the same day.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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The Schall Law Firm
Brian Schall, Esq.
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