Maison Solutions Inc. Class Action Lawsuit - MSS
Investors who suffered a loss and would like to learn more, click here to contact us.
The Maison Solutions class action lawsuit seeks to represent purchasers or acquirers of Maison Solutions Inc. (NASDAQ: MSS): (i) securities between October 5, 2023 and December 15, 2023, inclusive (the “Class Period”); and/or (ii) Class A common stock pursuant and/or traceable to Maison Solutions’ registration statement issued in connection with Maison Solutions’ October 5, 2023 initial public offering (“IPO”). Captioned Green v. Maison Solutions Inc., No. 24-cv-00063 (C.D. Cal.), the Maison Solutions class action lawsuit charges Maison Solutions and certain of Maison Solutions’ top executives and directors, as well as certain underwriters of Maison Solutions’ IPO with violations of the Securities Act of 1933 and/or Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Maison Solutions class action lawsuit, please provide your information in the form on this page. You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at email@example.com. Lead plaintiff motions for the Maison Solutions class action lawsuit must be filed with the court no later than March 4, 2024.
CASE ALLEGATIONS: Maison Solutions is a specialty grocery retailer offering Asian food and merchandise to U.S. consumers.
The Maison Solutions class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Maison Solutions’ vendor XHJC Holdings Inc., is a related party; and (ii) Maison Solutions’ CEO and related entities were alleged to have used supermarkets as a front to defraud the EB-5 visa program.
The Maison Solutions class action lawsuit further alleges that on December 15, 2023, Hindenburg Research published a report about Maison Solutions, alleging a number of “red flags.” On this news, the price of Maison Solutions stock fell nearly 84%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Maison Solutions securities during the Class Period and/or Class A common stock pursuant and/or traceable to the IPO to seek appointment as lead plaintiff in the Maison Solutions class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Maison Solutions class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Maison Solutions class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Maison Solutions class action lawsuit.
ABOUT ROBBINS GELLER RUDMAN & DOWD LLP: Robbins Geller Rudman & Dowd LLP is one of the world’s leading complex class action firms representing plaintiffs in securities fraud cases. The Firm is ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report for recovering more than $1.75 billion for investors in 2022 – the third year in a row Robbins Geller tops the list. And in those three years alone, Robbins Geller recovered nearly $5.3 billion for investors, more than double the amount recovered by any other plaintiffs’ firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig.