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Deadline on Feb. 21st coming up in Lawsuit for Investors in Gaia, Inc. (NASDAQ: GAIA

02-10-2023 03:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on February 21, 2023 in the lawsuit for certain investors in Gaia, Inc. (NASDAQ: GAIA).

A Deadline is coming up on February 21, 2023 in the lawsuit for certain investors in Gaia, Inc. (NASDAQ: GAIA).

A deadline is coming up on February 21, 2023 in the lawsuit filed for certain investors of Gaia, Inc. (NASDAQ: GAIA) over alleged securities laws violations by Gaia, Inc.

Investors who purchased shares of Gaia, Inc. (NASDAQ: GAIA) have certain options and there are strict and short deadlines running. Deadline: February 21, 2023. NASDAQ: GAIA 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 District of Colorado the plaintiff alleges on behalf of purchasers of Gaia, Inc. (NASDAQ: GAIA) common shares between December 26, 2017 and November 7, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between December 26, 2017 and November 7, 2022, the defendants made false and/or misleading statements and/or failed to disclose, among other things, that the Company's first quarter 2019 subscriber count was overstated, that the Company lacked adequate internal controls, that as a result, defendants had a heightened risk of regularly scrutiny and ultimately subject to an SEC investigation and action, and that as a result of the foregoing, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Gaia, Inc. (NASDAQ: GAIA) 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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