Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Missfresh Limited (“Missfresh”) (NASDAQ: MF) securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Missfresh’s June 2021 initial public offering (the “IPO”).
The complaint alleges that the Registration Statement contained false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its Registration Statement; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, the Defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.
Current Status of Case:
On October 11, 2024, the Court granted Final Approval of the Class Action Settlement. This action has concluded.
The deadline to file a claim was October 5, 2024. If you have any questions or need further information about this settlement, you may go to the following website, www.missfreshsecuritiessettlement.com, or you can contact the claims administrator, Verita Global, LLC at 1-888-726-1691.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com.