An investigation for investors in HF Foods Group Inc. (NASDAQ:HFFG) shares over potential securities laws violations by HF Foods Group Inc. was announced.
San Diego, CA -- (SBWIRE) -- 09/20/2023 -- HF Foods Group Inc. (is under investigation over potential securities laws violations.
Investors who purchased shares of HF Foods Group Inc. (NASDAQ: HFFG), 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 certain statements by HF Foods Group Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Las Vegas, NV based HF Foods Group Inc., through its subsidiaries, markets and distributes fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. HF Foods Group Inc. reported that its annual Total Revenue rose from $796.88 million in 2021 to over $1.17 billion in 2022, and that its Net Income declined from $22.14 million in 2021 to $0.46 million in 2022.
Shares of HF Foods Group Inc. (NASDAQ: HFFG) closed on September 12, 2023, at $4.42 per share.
Those who purchased shares of HF Foods Group Inc. (NASDAQ: HFFG) 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.