GRPN ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 29, 2020 in the Class Action Filed on Behalf of Groupon, Inc. Limited Shareholders
New York, New York--(Newsfile Corp. - May 27, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Groupon, Inc. (NASDAQ: GRPN) alleging that the Company violated federal securities laws.
Class Period: November 4, 2019 and February 18, 2020
Lead Plaintiff Deadline: June 29, 2020
Learn more about your recoverable losses in DNK:
The filed complaint alleges that Groupon, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing fewer customer engagements in its Goods category; (2) Groupon relied on its Goods category to drive its sales, especially during the holiday season; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
Shareholders have until June 29, 2020 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the GRPN lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/56643