Press release
Deadline on June 20th coming up in Lawsuit for Investors in shares of Eqonex Limited (OTC: EQOSQ)
A Deadline is coming up on June 20, 2023 in the lawsuit for certain investors in Eqonex Limited (OTC: EQOSQ).
Investors who purchased shares of Eqonex Limited (OTC: EQOSQ) have certain options and there are strict and short deadlines running. Deadline: June 20, 2023. Eqonex Limited (OTC: EQOSQ) 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 Eqonex Limited (OTC: EQOSQ) common shares between March 7, 2022 and November 29, 2022, inclusive (the "Class Period") and/or unregistered Eqonex Limited securities between April 8, 2021 and the present, that the defendants violated Federal Securities Laws.
More specifically, the plaintiff claims that the Defendants failed to disclose to investors that Defendants were not interested in leveraging the Exchange or deploying resources to strengthen that technology, that Eqonex had no way of paying Bifinity back pursuant to the Loan Agreement, that Bifinity and Binance had no intention of consummating a merger between Eqonex and Bifinity or Binance, 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 Eqonex Limited (OTC: EQOSQ) 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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