NEW YORK, March 04, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Dada Nexus Ltd. ADR (NASDAQ:DADA), Cummins Inc. (NYSE:CMI), Future FinTech Group Inc. (NASDAQ:FTFT), and AlloVir, Inc. (NASDAQ:ALVR). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Dada Nexus Ltd. ADR (NASDAQ:DADA)
Class Period: May 11, 2023 - January 8, 2024
Lead Plaintiff Deadline: March 11, 2024
According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Dada revenues from online advertising, marketing services, and operations and support costs were materially overstated; (2) as a result, Dada would need to conduct an independent review to ascertain the financial impact and the scope of suspicious practices that led to overstated revenues and costs; and (3) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
For more information on the Dada class action go to: https://bespc.com/cases/DADA
Cummins Inc. (NYSE:CMI)
Class Period: April 30, 2019 - December 21, 2023
Lead Plaintiff Deadline: ...