Press release
Investigation announced for Investors in NASDAQ: HFFG over possible Violations of Securities Laws by HF Foods Group Inc.
An investigation for investors in HF Foods Group Inc. (NASDAQ: HFFG) shares over potential securities laws violations by HF Foods
Investors who purchased shares of HF Foods Group Inc. (NASDAQ: HFFG), 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 behalf of purchasers of the securities of HF Foods Group Inc. (NASDAQ: HFFG) concerning whether a series of statements by HF Foods Group Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Las Vegas, NV based HF Foods Group Inc., through its subsidiaries, markets and distributes fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. HF Foods Group Inc. reported that its annual Total Revenue rose from $796.88 million in 2021 to over $1.17 billion in 2022, and that its Net Income declined from $22.14 million in 2021 to $0.46 million in 2022.
Shares of HF Foods Group Inc. (NASDAQ: HFFG) closed on September 12, 2023, at $4.42 per share.
Those who purchased shares of HF Foods Group Inc. (NASDAQ: HFFG) 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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