Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, announces that a class action lawsuit has been filed on behalf of Missfresh Limited (NASDAQ: MF) (“Missfresh” or the “Company”) shareholders. If you purchased or otherwise acquired Missfresh securities pursuant and/or traceable to the registration statement and prospectus (the “Offering Documents”) issued in connection with the Company’s June 2021 initial public offering (“IPO”), and suffered losses, you are encouraged to contact Scott+Scott attorney Jonathan Zimmerman at (888) 398-9312 for more information.
Missfresh Limited operates as an online-and-offline integrated on-demand retail company in China.
According to the complaint filed in the Eastern District of New York, the Offering Documents used to effectuate Missfresh’s IPO contained false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its Offering Documents; (2) Missfresh would need to amend its financial figures; and (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021. As a result, the public statements made by Missfresh and other named defendants were materially false and misleading at all relevant times.
As the market began to learn the truth, Misfresh’s stock price experienced significant declines, damaging investors.
Lead Plaintiff Deadline
The Lead Plaintiff deadline in this action is September 12, 2022. Any member of the proposed Class, consisting of those individuals who purchased or otherwise acquired Missfresh securities issued pursuant and/or traceable to the Offering Documents, may seek to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed Class.
What You Can Do
If you purchased Missfresh Limited securities, or if you have questions about this notice or your legal rights, you are encouraged to contact attorney Jonathan Zimmerman at (888) 398-9312 or email@example.com.
Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio.
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