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Deadline on August 10th coming up in Lawsuit for Investors in Hebron Technology Co., Ltd. (NASDAQ: HEBT)

07-23-2020 12:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on August 10, 2020in the lawsuit for certain investors in Hebron Technology Co., Ltd. (NASDAQ: HEBT).

A Deadline is coming up on August 10, 2020in the lawsuit for certain investors in Hebron Technology Co., Ltd. (NASDAQ: HEBT).

A deadline is coming up on August 10, 2020 in the lawsuit filed for certain investors of Hebron Technology Co., Ltd. (NASDAQ: HEBT) over alleged securities laws violations by Hebron Technology Co., Ltd.

Investors who purchased shares of Hebron Technology Co., Ltd. (NASDAQ: HEBT) have certain options and there are strict and short deadlines running. Deadline: August 10, 2020. NASDAQ: HEBT 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 Southern District of New York the plaintiff alleges on behalf of purchasers of Hebron Technology Co., Ltd. (NASDAQ: HEBT) common shares between April 24, 2020 and June 3, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 24, 2020 and June 3, 2020 the Defendants failed to disclose to investors that many of Hebron’s acquisitions, including Beijing Hengpu and Nami Holding (Cayman) Co., Ltd., involved undisclosed related parties, that the Company’s disclosure controls regarding related party transactions was ineffective, and 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 Hebron Technology Co., Ltd. (NASDAQ: HEBT) 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.

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