Press release
Deadline on August 21st coming up in Lawsuit for certain Investors in GDS Holdings Limited (NASDAQ: GDS)
A Deadline is coming up on August 21, 2023 in the lawsuit for certain investors in GDS Holdings Limited (NASDAQ: GDS).
Investors who purchased shares of GDS Holdings Limited (NASDAQ: GDS) have certain options and there are strict and short deadlines running. Deadline: August 21, 2023. NASDAQ: GDS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of GDS Holdings Limited (NASDAQ: GDS) common shares between April 12, 2021 and April 3, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 12, 2021 and April 3, 2023, defendants d made false and/or misleading statements and/or failed to disclose, among other things, that Defendant Huang had engaged in undisclosed pre-paid forward sale contract transactions as early as May 2020, that this presented a risk of Defendant Huang's ownership going below 5% of the Company's outstanding shares, that if Huang's ownership dipped below 5%, it would result in a change of control of the Company which, as the Company admitted, could result in disastrous consequences, and that as a result, 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 GDS Holdings Limited (NASDAQ: GDS) 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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