PHILADELPHIA, March 09, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Dada Nexus Limited ("Dada") (NASDAQ:DADA) on behalf of purchasers of Dada's securities between May 11, 2023 and January 8, 2024, inclusive (the "Class Period").
Investors that suffered losses from Dada Nexus Limited ("Dada") (NASDAQ:DADA) investments can follow the link below for more information regarding the lawsuit:
CLICK HERE to learn more about the lawsuit.
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 costs were materially overstated; and (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 ...
DADA) Investors to Contact the Firm Before March 11, 2024>Full story available on Benzinga.com