VNET - Holzer & Holzer LLC Reminds Shareholders of February 26 2024 Lead Plaintiff Deadline in the VNET Group (VNET) Class Action Lawsuit – Nationally Ranked Investors' Rights Firm Encourages Investors With Significant Losses to Contact the Firm | Benzinga

ATLANTA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors of the upcoming February 26, 2024 Lead Plaintiff deadline in the VNET Group ("VNET" or the "Company") (NASDAQ:VNET) class action lawsuit. The lawsuit alleges that Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the complaint alleges Defendants failed to disclose to investors: (1) that GenTao was experiencing financial difficulties and was at risk of defaulting on the Facility Agreement; (2) that, as a result, there was a substantial likelihood that Bold Ally would acquire Defendant Sheng Chen's significant ownership ...

VNET) Class Action Lawsuit – Nationally Ranked Investors' Rights Firm Encourages Investors With Significant Losses to Contact the Firm>Full story available on Benzinga.com