Global Cord Blood Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CORBF
June 21 2024 - 8:55AM
Business Wire
The DJS Law Group reminds investors of a class action lawsuit
against Global Cord Blood Corporation (“Global Cord” or “the
Company”) (OTC: CORBF) for violations of §§10(b) and 20(a) of the
Securities Exchange Act of 1934 and Rule 10b-5 promulgated
thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of CORBF during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CLASS PERIOD: June 4, 2019 to May 3, 2022
DEADLINE: June 24, 2024
CASE DETAILS: According to the Complaint, the Company
made false and misleading statements to the market. Global Cord
used a capital allocation scheme to reserve funds for insiders
instead of for the benefits of all shareholders. The Company made
decisions that benefited insiders such as the agreement to acquire
Cellenkos Inc. Based on these facts, the Company’s public
statements were false and materially misleading throughout the
class period.
If you are a shareholder who suffered a loss, contact us to
participate.
NEXT STEPS FOR SHAREHOLDERS: Once you register as
a shareholder who purchased shares of CORBF during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. There is no cost or obligation to you to
participate in this case.
WHY DJS LAW GROUP? DJS Law Group’s primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20240621654176/en/
David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1
Eastchester, NY 10709 Phone: 914-206-9742 Email:
David@djslawllp.com