ATLANTA, April 23, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Global Cord Blood Corporation ("Global Cord" or the "Company") (NYSE:CO). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the Company's business, operations, and prospects, including allegations that Global Cord employed a capital allocation strategy designed to reserve funds for Company insiders and related parties rather than for the benefit of Company shareholders.
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CO) Investors – Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm>Full story available on Benzinga.com