LOS ANGELES, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming March 11, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Dada Nexus Limited ("Dada" or the "Company") (NASDAQ:DADA) securities between May 11, 2023 and January 8, 2024, inclusive (the "Class Period").
If you suffered a loss on your Dada investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Dada-Nexus-Limited/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
On December 19, 2023, Dada issued a press release announcing that its Chairman of the Board, Lijun Xin, as well as its CFO, Beck Zhaoming Chen, would both be stepping down from their roles due to personal reasons.
Then, on January 8, 2024, Dada disclosed that an internal audit had identified "certain ...
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