An investigation for investors in Instacart (Maplebear Inc.) (NASDAQ:CART) shares over potential securities laws violations by Instacart (Maplebear Inc.) was announced.
San Diego, CA -- (SBWIRE) -- 10/18/2023 -- Instacart (Maplebear Inc.) is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Instacart (Maplebear Inc.) (NASDAQ: CART), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Instacart (Maplebear Inc.) regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
San Francisco, CA based Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. On or around September 19, 2023, Instacart (Maplebear Inc.) conducted its initial public offering ("IPO"), selling 22 million shares of stock priced at $30.00 per share.
Since then, shares of Instacart (Maplebear Inc.) (NASDAQ: CART) declined to $23.36 per share on October 09, 2023.
Those who purchased shares of Instacart (Maplebear Inc.) (NASDAQ: CART) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
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.