Tattooed Chef, Inc. (TTCF)


Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Tattooed Chef, Inc. (“Tattooed Chef” or the “Company”) (NASDAQ: TTCF). The investigation concerns whether Tattooed Chef and certain of its officers and/or directors have violated federal securities laws.


 On August 12, 2021, Tattooed Chef issued a press release announcing its financial results for the second quarter of 2021.  Among other results, the Company disclosed revenue of $50.7 million, missing consensus estimates by $3.35 million.  On this news, Tattooed Chef’s stock price fell $3.30 per share, or 16.25%, to close at $17.01 per share on August 13, 2021.  Then, on March 11, 2022, Tattooed Chef issued a press release stating that on March 7, 2022, the Company’s Board of Directors “concluded that the Company’s unaudited interim condensed consolidated financial statements for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021, each as previously filed with the Securities and Exchange Commission (‘SEC’), should no longer be relied upon because the Company did not properly record the tax effects associated with the Company’s issuance of 825,000 shares of its common stock to Harrison Co. in June 2021 as partial consideration for services rendered in connection with the Company’s de-SPAC transaction that occurred in October 2020.”  Accordingly, Tattooed Chef advised that “[t]he Company will restate the unaudited consolidated financial statements” at issue.  On this news, Tattooed Chef’s stock price fell $1.03 per share, or 9.07%, to close at $10.33 per share on March 14, 2022.


If you are aware of any facts relating to this investigation, or purchased Tattooed Chef shares, you can assist this investigation by visiting contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.