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Investigation announced for Long-Term Investors in HUMBL, Inc. (OTC: HMBL) over potential Wrongdoing

09-15-2022 05:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in HUMBL, Inc. (OTC: HMBL) shares.

An investigation on behalf of current long term investors in HUMBL, Inc. (OTC: HMBL) shares.

An investigation was announced for current long-term investors in shares of HUMBL, Inc. (OTC: HMBL) concerning potential breaches of fiduciary duties by certain directors of HUMBL, Inc.

Investors who are current long term investors in HUMBL, Inc. (OTC: HMBL) 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 OTC: HMBL stocks follows a lawsuit filed against HUMBL, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in OTC: HMBL stocks, concerns whether certain HUMBL, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of California the plaintiff alleges that the Defendants violated provisions of the Securities Exchange Act by making false and misleading statements concerning the Company's growth prospects, technological advancements, international partnerships, and financial benefits for HUMBL, Inc. (OTC: HMBL) common stock and digital asset investors, as well as using selectively timed announcements to keep HUMBL, Inc. (OTC: HMBL) stock price high so that Company insiders could sell off their holdings into artificially created volume. The complaint also alleges that Defendants violated provisions of the Securities Act by selling its unregistered securities (BLOCK ETX digital assets) to investors.

Those who purchased shares of HUMBL, Inc. (OTC: HMBL) 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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