Bowlero Stock - Bowlero Shareholders Encouraged to Contact Kehoe Law Firm, P.C. - BOWL

PRESS RELEASE
Published May 18, 2023

NEW YORK, NY / ACCESSWIRE / May 18, 2023 / Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Bowlero Corp. ("Bowlero" or the "Company") (NYSE:BOWL).

Kehoe Law Firm, P.C., Thursday, May 18, 2023, Press release picture

INVESTORS OF BOWLERO STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.

Bowlero recently reported that it ". . . did not design and maintain effective controls over certain financial reporting processes, including acquisition accounting, accounting for fixed assets, and certain financial reporting disclosures."

The Company also stated that it ". . . did not design and maintain effective controls over system access controls to establish segregation of duties for those with roles and responsibilities for the general ledger."

Shares of Bowlero stock were down more than 16% during intraday trading on May 18, 2023.

SHAREHOLDERS OF BOWLERO STOCK ARE ALSO ENCOURAGED TO CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, JKEHOE@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

This press release may constitute attorney advertising.

SOURCE: Kehoe Law Firm, P.C.



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