Lawyers jockey to lead Camping World lawsuits

CHICAGO — Camping World and its chairman, investor Marcus Lemonis, are facing legal action from investors unhappy with the loss of millions of dollars linked to the acquisition of the Gander Mountain franchise, the Cook County Record reported.

Since the initial class action was lodged in federal court in Chicago on Oct. 19, several parties have asked Judge Rebecca Pallmeyer to appoint them as lead plaintiff in the matter, and their lawyers as lead class counsel.

David Ronge, the named plaintiff on the original complaint, owns Class A common stock in the Lincolnshire-based company that is one of the country’s leading retailers of recreational vehicles, trailers and outdoor supplies. He said Camping World artificially inflated stock prices and asked Pallmeyer to certify a class of shareholders who bought stock from March 8, 2017, to Aug. 7, 2018.

The full story is available at CookCountyRecord.com.

Greg Gerber

Greg Gerber

A journalist who has covered the recreation vehicle industry since January 2000, Greg Gerber founded RV Daily Report on April Fool's Day in 2009. He also serves as the editor of the publication and website. As an Eagle Scout, he has enjoyed camping for decades and has visited every state except Hawaii. A DODO -- Dad of Daughters Only -- to three young women, he has two grandchildren as well. He currently splits his time between Wisconsin, Texas and Arizona. Greg can be reached at editor@rvdailyreport.com.

Leave a Comment

Get Daily News Delivered

Get Weekly News Delivered

Industry Video

Recent Posts

Get Daily RV News Delivered

Every day we send a summary of the most important news via email. Make sure you don’t miss anything.