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Alliance MMA, Inc.

Period: Oct 6, 2016 to Apr 17, 2017

Lead Plaintiff Deadline: Jun 16, 2017

Summary of Case:

A securities class action has been filed against Alliance MMA, Inc. (NASDAQ:AMMA) on behalf of purchasers of Alliance securities pursuant and/or traceable to Alliance MMA's initial public offering on or about October 6, 2016.  This case has been filed in the USDC - New Jersey.

According to the lawsuit, defendants in connection with Alliance MMA's initial public offering made false and/or misleading statements and/or failed to disclose that: (1) the condensed consolidated financial statements for the three months ended June 30, 2016 could not be relied upon because of an error in recognizing as compensation transfers of common stock by an affiliate of Alliance MMA to individuals who were at the time of transfer, or subsequently became, officers, directors or consultants of Alliance MMA; (2) the condensed consolidated financial statements for the six months ended June 30, 2016 could not be relied upon because of an error in recognizing as compensation transfers of common stock by an affiliate of Alliance MMA to individuals who were at the time of transfer, or subsequently became, officers, directors or consultants of Alliance MMA; and (3) as a result, defendants' statements about Alliance MMA's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.

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