---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-043562"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T13:03:42.388675+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings discloses class action lawsuit against former subsidiary Polished.com and its directors

## Summary
- Class action filed Oct 31, 2022 in EDNY against Polished.com, its IPO underwriters, and directors including Ellery W. Roberts and Robert D. Barry.
- Lawsuit alleges SEC filings contained misstatements and omissions about inadequate internal controls.
- A derivative lawsuit filed Feb 13, 2023 in EDNY names Roberts, Crosnoe, Milburn, and 1847 Partners for aiding breach of fiduciary duty.
- Derivative claims are stayed pending resolution of the class action motion to dismiss.
- 1847 Holdings is not a party but filed this 8-K to disclose material information to shareholders.

## SEC filing metadata
- accession: 0001213900-23-043562
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599407/000121390023043562/0001213900-23-043562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390023043562/ea179408-8k_1847hold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-043562
- JSON: https://secwatch.observer/filing/0001213900-23-043562.json
- Plain text: https://secwatch.observer/filing/0001213900-23-043562.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.