PORCH GROUP ALERT: Bragar Eagel & Squire, P.C. Is Investigating Porch Group, Inc. on Behalf of Porch Group Stockholders and Encourages Investors to Contact the Firm
NEW YORK–(BUSINESS WIRE)–Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Porch Group, Inc. (NASDAQ: PRCH) on behalf of Porch Group stockholders. Our investigation concerns whether Porch Group has violated the federal securities laws and/or engaged in other unlawful business practices.
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On April 8, 2021, Spruce Point Capital Management (“Spruce Point”) published a report entitled “A Porch On A Flimsy Foundation.” The Spruce Point report characterized Porch as “a classic example of a Company that has never found a business model that makes sense and was in technical default with a going concern…