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DAVE & BUSTER'S Is Being Investigated for Potential Securities Law Violations - Contact Kaplan Fox & Kilsheimer LLP

NEW YORK - (NewMediaWire) - December 14, 2024 - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against Dave & Buster’s Entertainment, Inc. (“Dave & Buster’s” or the “Company”) (NASDAQ: PLAY).

CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION

If you are a Dave & Buster’s investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.

On December 10, 2024, after market, Dave & Buster’s reported third quarter 2024 (“Q3 2024”) financial results and that “Chris Morris, the Company’s Chief Executive Officer (“CEO”), has tendered his resignation as CEO and Director to pursue other interests.”  The Company further disclosed that “[t]he Board has been working with Heidrick & Struggles, a global executive search firm, for the last few months to assist in identifying the Company’s next permanent CEO and has already started meeting potential candidates.”  The Company also reported a 3% decline in Q3 2024 revenues and a 7.7% decline in comparable store sales compared to the third quarter of fiscal 2023.

Following this news, Dave & Buster’s shares fell $7.39 per share, or 20%, to close at $29.41 per share.

WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey.  With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand.  Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients.  For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

If you have any questions about this investigation, please contact: 

Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
pmayer@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com

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