NYSE: BOXD, BOXD.WT

Boxed, Inc.

Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Boxed, Inc. (NYSE: BOXD, BOXD.WT) resulting from allegations that Boxed may have issued materially misleading business information to the investing public.

If you purchased Boxed securities and would like to join the prospective action, please click “Join This Class Action.”

Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Boxed, Inc. (NYSE: BOXD, BOXD.WT) resulting from allegations that Boxed may have issued materially misleading business information to the investing public. If you purchased Boxed securities and would like to join the prospective action, please click “Join This Class Action.”

Details of investigation:

On March 14, 2023, The Wall Street Journal released an article entitled “Household Retailer Boxed is Negotiating With Lenders for Bankruptcy Sale.” The article discussed how Boxed might file for bankruptcy, as it continues to explore a possible sale of its business. Further, the article noted that Boxed is considering this drastic action less than two years after going public through a merger with a special-purpose acquisition company (“SPAC”), and that it is trying to establish a new commercial banking relationship after transferring the majority of its cash out of its accounts at Silicon Valley Bank.

On this news, the price of Boxed’s stock fell $0.21, or 48.25%, to close at $0.2199 per share on March 15, 2023.

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Company Name: Boxed, Inc.
Stock Symbol: BOXD
Class Period: N/A
Court: N/A

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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