DiDi Global Inc – ADR (NYSE: DIDI) is under the scanner for alleged violation of security laws. In a statement, the Schall Law Firm, a national shareholder rights litigation firm, announced that the law firm had initiated an investigation against the company on behalf of investors.
The focus of the investigation to determine if DiDi Global Inc – ADR has issued misleading statements
The investigation will bring to light if DiDi Global Inc – ADR has issued false and/or misleading statements and/or failed to disclose information related to investors. In addition, the company is also under investigation, courtesy of China’s Cyberspace Administration. It is learned that recently China’s cyberspace administration had issued an order to smartphone app stores to refrain from offering the ride-hailing firm DiDi Global Inc – ADR app after finding that the company had illegally collected users’ data.
US Concrete Inc (NASDAQ: USCR), QTS Realty Trust Inc Class A (NYSE: QTS), Contango Oil & Gas Co (Texas) (NYSEAMERICAN: MCF), and Advaxis, Inc. (NASDAQ: ADXS) investigated by Halper Sadeh LLP
US Concrete Inc (NASDAQ: USCR), QTS Realty Trust Inc Class A (NYSE: QTS), Contango Oil & Gas Co (Texas) (NYSEAMERICAN: MCF), and Advaxis, Inc. (NASDAQ: ADXS) are investigated by law firm Halper Sadeh LLP, a global investor rights law firm. The investigation against the respective companies comes in the backdrop of news about the companies allegedly involved in possible violation of federal securities laws and/or breaches of fiduciary duties. Halper Sadeh LLP’s law firm works on behalf of investors who are victims of securities fraud and corporate misconduct.
Clover Health Investments Corp (NASDAQ: CLOV) board of directors under investigation
Clover Health Investments Corp (NASDAQ: CLOV) is in the news. Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, has initiated an investigation to understand if a few directors and certain officials of the company breached their fiduciary duties towards its shareholders. In addition, the investigation aims to determine if stakeholders suffered damages.
ContextLogic Inc (NASDAQ: WISH) security holders who purchased securities during the Class Period may be entitled to receive compensation. Rosen Law Firm is working on behalf of ContextLogic Inc towards this cause.