Press release
D-MARKET d/b/a/ Hepsiburada (NASDAQ: HEPS) Long Term Investor Notice: Investigation of potential Wrongdoing
An investigation on behalf of current long term investors in D-MARKET d/b/a/ Hepsiburada (NASDAQ: HEPS) shares.
Investors who are current long term investors in D-MARKET d/b/a/ Hepsiburada (NASDAQ: HEPS) shares, 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 for current long term investors in NASDAQ: HEPS stocks follows a lawsuit filed against D-MARKET d/b/a/ Hepsiburada over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: HEPS stocks, concerns whether certain D-MARKET d/b/a/ Hepsiburada directors are liable in connection with the allegations made in that lawsuit.
According to the complaint the plaintiff alleges on behalf of purchasers of D-MARKET (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 (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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