According to the lawsuit, the IPO Registration Statement was materially false and misleading and omitted to state:
- Missfresh provided false financial figures in its Registration Statement;
- Missfresh would need to amend its financial figures;
- Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and
- as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.
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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