The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against D-MARKET Electronic Services & Trading d/b/a Hepsiburada and Encourages Investors with Losses in Excess of $100,000 to Contact
Los Angeles, California – (Newsfile Corp. – December 2, 2021) – The Schall Law Firm, a national shareholder rights law firm, announces class action lawsuit against D-MARKET Elektronik Hizmetler and Ticaret Anonim Sirketi d / b. known / a Hepsiburada (“Hepsiburada” or “the company”) (NASDAQ: HEPS) for violating federal securities laws.
Investors who have acquired and / or attributed to the Company’s shares pursuant to the Company’s IPO on July 1, 2021 (the “IPO”) are advised to contact the Company prior to December 20, 2021 .
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall law firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights at no charge. You can also contact us on the firm’s website at www.schallfirm.com or by email at email@example.com.
In this case, the class has not yet been certified and you will not be represented by a lawyer until certified. If you do nothing, you can remain an absent class member.
According to the lawsuit, the company provided false and misleading information to the market. Hepsiburada’s operations and sales growth suffered a sharp slowdown in the second quarter of 2021. Due to the slow growth, the company tried to strengthen certain product categories with high frequency and neglect others. These changes had a negative impact on both sales and GMV. As a result of these facts, the company’s public statements throughout the IPO period were false and essentially misleading. When the market learned the truth about Hepsiburada, investors suffered damage.
Join the case to make up for your losses.
The law firm Schall represents investors worldwide and specializes in securities class actions and shareholder disputes.
This press release may be viewed as a solicitor’s solicitation in some jurisdictions under applicable law and ethical rules.
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The Schall law firm
Brian Schall, Esq.,
The Schall law firm
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106348