An investigation for investors in ECMOHO Limited (NASDAQ:MOHO) shares over potential securities laws violations by ECMOHO Limited (NASDAQ:MOHO was announced.
San Diego, CA -- (SBWIRE) -- 09/21/2020 -- An investigation was announced over potential securities laws violations by ECMOHO Limited (NASDAQ: MOHO and certain of its directors and officers in connection with certain financial statements was announced.
Investors who purchased shares of ECMOHO Limited (NASDAQ: MOHO), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ECMOHO Limited (NASDAQ: MOHO) concerning whether a series of statements by ECMOHO Limited (NASDAQ: MOHO regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
China based ECMOHO Limited, an investment holding company, operates as an integrated solution provider in the non-medical health and wellness market.
On March 30, 2020, ECMOHO Limited announced its preliminary financial results for fiscal year 2019, reporting revenue between $329 million and $330 million and net income between $3.1 million and $3.7 million.
Shares of ECMOHO Limited (NASDAQ: MOHO) declined from $9.50 per share on March 20, 2020 to as low as $1.98 per share in late July 2020.
Those who purchased shares of ECMOHO Limited (NASDAQ: MOHO) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.