|Company name||Camping World Holdings, Inc.|
NEW YORK, October 4, 2019 – Bragar Eagel & Squire is investigating certain officers and directors of Camping World Holdings, Inc. (NASDAQ: CWH) following a class action complaint that was filed against Camping World on October 19, 2018.
The complaint alleges that during the class period defendants made false and misleading statements and/or failed to disclose adverse information regarding Camping World’s business, operations and financial condition. Specifically, the complaint alleges defendants failed to disclose, among other things, that the company’s disclosure controls and controls over financial reporting suffered from a host of material weaknesses; that the company’s historical financial results had been materially misstated; that the Gander stores had encountered integration setbacks, adversely impacting the company’s earnings growth and profit margins; and that the company’s core RV business was experiencing decelerating growth as the Company lagged industry trends and was losing market share to competitors. As a result of this information being withheld from the market, the price of Camping World Class A common stock was artificially inflated to a high of $47.19 per share during the Class Period.
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