Deadline on June 29th coming up in Lawsuit against Groupon, Inc. (NASDAQ: GRPN)

The Shareholders Foundation announced that a deadline is coming up on June 29, 2020 in the lawsuit filed for certain investors of Groupon, Inc. (NASDAQ: GRPN) over alleged securities laws violations by Groupon, Inc.

Investors who purchased shares of Groupon, Inc. (NASDAQ: GRPN) have certain options and there are strict and short deadlines running. Deadline: June 29, 2020. NASDAQ: GRPN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges on behalf of purchasers of Groupon, Inc. (NASDAQ: GRPN) common shares between November 4, 2019 and February 18, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 4, 2019 and February 18, 2020, the Defendants failed to disclose to investors that the Company was experiencing fewer customer engagements in its Goods category, that Groupon relied on its Goods category to drive its sales, especially during the holiday season, that, as a result of the foregoing, the Company was likely to experience reduced sales, and that that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Groupon, Inc. (NASDAQ: GRPN) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

This release was published on openPR.