PHILADELPHIA, Jan. 19, 2024 (GLOBE NEWSWIRE) -- A securities fraud lawsuit has been filed against Dada Nexus Limited ("Dada") (NASDAQ:DADA). The lawsuit is captioned Wang v. Dada Nexus Limited et al., No. 2:24cv00239 (C.D. Cal.), and is filed on behalf of purchasers of Dada's securities between May 11, 2023 and January 8, 2024, inclusive (the "Class Period").
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Investors who purchased or acquired Dada securities during the Class Period may, no later than March 11, 2024, seek to be appointed as a lead plaintiff representative of the class.
The complaint alleges that, throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Dada revenues from online advertising, marketing services, and operations and support ...
DADA) Investors to Inquire About a Securities Fraud Class Action>Full story available on Benzinga.com