Press release
Deadline in Lawsuit for Investors in D-MARKET dba Hepsiburada (NASDAQ: HEPS) on December 20, 2021 coming up
A Deadline is coming up on December 20, 2021 in the lawsuit for certain investors in D-MARKET dba Hepsiburada (NASDAQ: HEPS)
Investors who purchased shares of D-MARKET dba Hepsiburada (NASDAQ: HEPS) between
have certain options and there are strict and short deadlines running. Deadline: December 20, 2021. NASDAQ: HEPS 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 D-MARKET dba Hepsiburada (NASDAQ: HEPS) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Registration Statement was materially false and misleading and omitted to state that Hepsiburada suffered a sharp deceleration in operational and sales growth during second quarter 2021, that, as a result, the Company initiated certain actions to fortify its competitive position, including investing in electronics and high frequency categories and discounting certain categories, that, as a result of the foregoing, Hepsiburada’s revenue and GMV had declined during second quarter 2021, 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 D-MARKET dba Hepsiburada (NASDAQ: HEPS) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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