The Klein Law Firm announces that a class action complaint (Missfresh Limited Class Action Lawsuit) has been filed on behalf of shareholders of Missfresh Limited (NASDAQ: MF) who purchased securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Missfresh’s June 2021 initial public offering. The action, which was filed in the United States District Court for the Eastern District of New York, alleges that the Company violated federal securities laws.
In particular, the Missfresh lawsuit alleges that (1) MF provided false financial figures in its registration statement and related prospectus issued in connection with the Company’s June 2021 initial public offering; (2) MF would need to amend its financial figures; (3) MF, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.
Shareholders have until September 12, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.