Press release
Investigation announced for Investors in NASDAQ: SGLY shares over potential Securities Laws Violations by Singularity Future Technology Ltd.
An investigation for investors in Singularity Future Technology Ltd. (NASDAQ: SGLY) shares.
Investors who purchased shares of Singularity Future Technology Ltd. (NASDAQ: SGLY), 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 focuses on possible claims on whether a series of statements by Singularity Future Technology Ltd. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Great Neck, NY based Singularity Future Technology Ltd. develops solutions for interconnected AI networks in the revolutionized AI and Blockchain suppl management area and establishes crypto mining pools. In May 2022, Hindenburg Research released a short report regarding Singularity's management, operations, and business. The Hindenburg Research report stated that "Singularity's CEO, Yang Jie, is a fugitive on the run from Chinese authorities for running an alleged $300 million Ponzi scheme that lured in over 20,000 victims." Further claiming, "We see little evidence that Singularity's 'proprietary' crypto mining rigs ever existed in the first place. The photos and descriptions of Singularity's miners match precisely with another brand called KOI Miner."
On November 16, 2022, before market hours, Singularity Future Technology Ltd y disclosed that, "[t]he Company has received subpoenas from the United States Attorney's Office for the Southern District of New York and the United States Securities and Exchange Commission. The Company is complying with these subpoenas and fully cooperating with these governmental entities. Additionally, the Special Committee of the Company's Board of Directors is continuing to investigate the claims raised by Hindenburg Research on May 5, 2022 and other related matters."
Shares of Singularity Future Technology Ltd. (NASDAQ: SGLY) declined from $19.86 per share on April 7, 2022, to as low as $0.722 per share on November 30, 2022.
Those who purchased shares of Singularity Future Technology Ltd. (NASDAQ: SGLY) 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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors in NASDAQ: SGLY shares over potential Securities Laws Violations by Singularity Future Technology Ltd. here
News-ID: 2829549 • Views: …
More Releases from Shareholders Foundation
Lawsuit for Investors in Sonder Holdings Inc. (NASDAQ: SOND) filed in effort to …
An investor, who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND), filed a lawsuit over alleged violations of Federal Securities Laws by Sonder Holdings Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: SOND investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Lawsuit filed for Investors in Ocugen, Inc. (NASDAQ: OCGN) in effort to recover …
An investor, who purchased shares of Ocugen, Inc. (NASDAQ: OCGN), filed a lawsuit i over alleged violations of Federal Securities Laws by Ocugen, Inc..
Investors who purchased shares of Ocugen, Inc. (NASDAQ: OCGN) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: OCGN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Malvern, PA based Ocugen, Inc., a…
Investors who lost money with shares of Evolv Technologies Holdings, Inc. (NASDA …
An investor, who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), filed a lawsuit in the U.S. District Court for the District of Massachusetts over alleged violations of Federal Securities Laws by Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp.
Investors who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) have certain options and for certain investors are short and strict deadlines running. Deadline: May 24, 2024. NASDAQ: EVLV…
Investigation announced for Investors who purchased shares of Comtech Telecommun …
Comtech Telecommunications Corp is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Comtech Telecommunications Corp. (NASDAQ: CMTL), 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 focuses on whether a series of statements by Comtech Telecommunications Corp. regarding its business, its prospects and its operations were materially false…
More Releases for Singularity
Profit singularity review ultra edition - is it Legitimate?
Affiliate marketing is a profitable business model that has been for over 20 years now and there are people making tons of online, i mean thousands of dollars every month using affiliate marketing. There are also many courses that teach affiliate marketing, but are all courses going to get you results. Profit singularity is an affiliate marketing course that is launching sept 13 2022 and it teaches about affiliate…
Profit Singularity Review – Scam or Legit System?
Visit Official Website Here >> https://bit.ly/3EIIby3
Profit Singularity is a step-by-step guideline on generating passive income online via affiliate marketing on YouTube. It trains people to market products on the most major video platforms and earns considerable income without shipping, inventory, or deliveries. A team of marketing experts developed profit Singularity, and whoever is interested can sign up for it through its official website at ProfitSingularity.com. This review addresses everything you…
Singularity Launches New Website For Darden Business Publishing
Singularity Design is pleased to announce the launch of a new eCommerce website for Darden Business Publishing, home of the Darden Business Case Collection.
Darden Business Publishing, a branch of the highly acclaimed Darden Graduate School of Business at the University of Virginia, carries one of the most recognized collections of business cases in the United States. Their extensive library of business cases has been built up over decades by Darden’s…
Singularity to Sponsor WWDB’s Executive Leaders Radio Program
Singularity Design will be sponsoring Executive Leaders Radio, a program dedicated to showcasing the Philadelphia region’s elite business leaders.
The Executive Leaders Radio Program is the #1 program on WWDB 860-AM, a primary financial news and information station for the Philadelphia region. WWDB 860-AM addresses all areas of business and investments: stocks, bonds, insurance, mutual funds, real estate and more, and is the Delaware Valley’s only “money” talk radio.…
SINGULARITY ACHIEVES TOP INTERNATIONAL CERTIFICATION
Hyderabad, 18 August 2008 - Singularity, the Business Process Management software vendor, today announced that it has been successfully appraised at level 3 under the software industry’s most respected standard, the Capability Maturity Model Integration (CMMI). CMMI is the international ‘gold standard’ for process excellence in software engineering. Singularity’s certification is for a SCAMPI Level 3 assessment against the CMMI maturity model staged representation v1.2. The company is…
Singularity and Healthy Directions Launch FasterTomorrow.com
Singularity Design is pleased to announce the launch of FasterTomorrow.com, a website created for Healthy Directions, LLC, and designed to help endurance athletes of any age reach their peak performance.
Healthy Directions, a private company based in Potomac, Maryland, is one the largest direct-to-consumer supplement providers in North America. They are also the largest publisher of alternative health newsletters in America, as well as providing legitimate, useful health solutions to consumers…
