According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

• Grab’s driver supply declined during the third quarter;
• Grab continued to invest heavily in driver and consumer incentives to “preemptively recalibrate driver supply”;
• Grab’s financial results would be adversely impacted, including, among other things, a significant decline in revenue; and
• as a result of the foregoing, defendants’ positive statements about Grab’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. 

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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