NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Dada Nexus Limited ("Dada" or the "Company") (NASDAQ:DADA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Dada and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On January 8, 2023, Dada disclosed in a U.S. Securities and Exchange Commission filing "that, in the course of its routine internal audit, certain suspicious practices were identified that may cast doubt on certain revenues from the Company's online advertising and ...