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Winnebago Industries Inc Is Being Investigated For Possible Securities Fraud And The Schall Law Firm Urges Impacted Shareholders To Reach Out

News Provided by Accesswire2024-10-08

LOS ANGELES, CA / ACCESSWIRE / October 8, 2024 /The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Winnebago Industries, Inc. ("Winnebago" or "the Company") (NYSE:WGO) 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. Winnebago is the subject of an article published by Hunterbrook Media on September 23, 2024. The article, titled: "Grand Deception - Winnebago Muzzles Outcry Over Major Problem That Owners Say Makes RVs Dangerous, Untowable, Worthless," claims that the Company 's "best-selling Grand Design RVs" suffer from problems and defects that hinder their value and usefulness. The article claims that the RVs are "experiencing frame failure, potentially affecting thousands of units sold for more than a billion dollars. This defect has led to costly damage and potential safety hazards, and rendered some RVs unroadworthy." The article further claims that "Winnebago has used NDAs, buybacks, and online censorship to silence complaints about frame failure."

If you are a shareholder who suffered a loss, click here to participate.

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 bschall@schallfirm.com

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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