Overview
Case Number: No. 2:23-cv-04121
Practice Area: Securities Fraud & Investor Protection
Case Status: Ongoing
Court: (D.N.J.)
Berger Montague serves as lead counsel in this securities fraud class action involving Party City Holdco Inc. Plaintiff alleges that Defendants made false and misleading statements concerning Party City’s liquidity, adequacy of borrowing capacity, and ability to continue as a going concern.
Party City abruptly filed for bankruptcy in 2023, causing investors to lose 100% of the value of their holdings when the company cancelled all outstanding shares of its common stock. Defendants’ motion to dismiss is fully briefed and awaiting resolution by the court.
About Berger Montague
Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
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Shulman v. Bradley Weston et al. FAQs
What is this lawsuit about?
A class action has been filed against the company over losses suffered by investors and Berger Montague is currently speaking with investors about their options.
What happens after I submit my information?
Your information will be reviewed by our legal team. If you appear eligible, we will contact you as soon as possible to discuss next steps and answer any questions you may have.
Will my personal information be kept confidential?
Yes. Any information you provide will be kept secure and used only for purposes related to this investigation.
Do I have to pay to speak with an attorney?
No. An initial consultation is completely free of charge. If you qualify, you will not be asked to pay any upfront legal fees.
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