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Investigation announced for Investors who lost money with shares of Instacart (Maplebear Inc.) (NASDAQ: CART)

10-13-2023 07:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Instacart (Maplebear Inc.) (NASDAQ: CART) shares over potential securities laws violations.

An investigation for investors in Instacart (Maplebear Inc.) (NASDAQ: CART) shares over potential securities laws violations.

An investigation was announced for investors of Instacart (Maplebear Inc.) (NASDAQ: CART) shares over potential securities laws violations by Instacart (Maplebear Inc.) in connection with certain financial statements.

Investors who purchased shares of Instacart (Maplebear Inc.) (NASDAQ: CART), 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 Instacart (Maplebear Inc.) regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Francisco, CA based Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. On or around September 19, 2023, Instacart (Maplebear Inc.) conducted its initial public offering ("IPO"), selling 22 million shares of stock priced at $30.00 per share.
Since then, shares of Instacart (Maplebear Inc.) (NASDAQ: CART) declined to $23.36 per share on October 09, 2023.

Those who purchased shares of Instacart (Maplebear Inc.) (NASDAQ: CART) 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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