Press release
Deadline on Nov. 28th coming up in Lawsuit for Investors in Olo Inc. (NYSE: OLO)
A Deadline is coming up on November 28, 2022 in the lawsuit for certain investors in Olo Inc. (NYSE: OLO).
Investors who purchased shares of Olo Inc. (NYSE: OLO) have certain options and there are strict and short deadlines running. Deadline: November 28, 2022. NYSE: OLO 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 Olo Inc. (NYSE: OLO) common shares between August 11, 2021 and August 11, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 11, 2021 and August 11, 2022, the Defendants misled investors and/or failed to disclose that Subway was ending its contract with Olo, that Olo's key business metric - active locations - could not continue to grow as Defendants touted due to the loss of Subway's business, and that, as a result of the above, Defendants' statements about Olo's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
Those who purchased shares of Olo Inc. (NYSE: OLO) 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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