GRFS - Grifols S.A. Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm | Benzinga
BOSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Grifols S.A. ADR (NASDAQ:GRFS) for potential securities law violations. Investors who have lost money in their Grifols S.A. ADR investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/grfs.
What is this all about?
Before the market opened on January 9, 2024, hedge fund Gotham City Research alleged that Grifols S.A. manipulated its debt and EBITDA figures to artificially lower its leverage. The allegations came several days after Grifols agreed to sell roughly 20% of its equity stake in Shanghai RAAS ...