An investigation on behalf of current long term investors in Missfresh Limited (NASDAQ:MF) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/28/2022 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors of Missfresh Limited.
Investors who are current long term investors in Missfresh Limited (NASDAQ: MF) shares, 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 for investors in NASDAQ: MF stocks follows a lawsuit filed against Missfresh Limited over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MF stocks, concerns whether certain Missfresh Limited directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Registration Statement featured false and/or misleading statements and/or failed to disclose that Missfresh Limited provided false financial figures in its Registration Statement, that Missfresh Limited would need to amend its financial figures, that Missfresh Limited, among other things, had lesser net revenues for the quarter ended March 31, 2021, and that as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Missfresh Limited (NASDAQ: MF) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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.