Kessler Topaz Meltzer & Check, LLP Reminds Grab Holdings Limited Investors of Class Action Lawsuit D…
The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Grab Holdings Limited (“Grab”) (NASDAQ: GRAB) (NASDAQ: GRABW). The action charges Grab with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Grab’s materially misleading statements to the public, Grab’s investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR GRAB LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/grab-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=grab.
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LEAD PLAINTIFF DEADLINE: MAY 16, 2022
CLASS PERIOD: AUGUST 2, 2021 THROUGH MARCH 3, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. at (484) 270-1453 or via email at [email protected]
Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
GRAB’S ALLEGED MISCONDUCT
Grab develops delivery management, mobility, financial services, and enterprise software solutions. In particular, Grab operates a “super app” that functions as Southeast Asia’s largest ride-hailing and delivery service, similar to Uber.
On August 2, 2021, Grab announced its Q1 2021 results in a press release stating, in relevant part, “we are pleased with our progress toward becoming a publicly-traded company, which we expect to occur in Q4 2021,” and that “we continue to deliver strong growth, despite the ongoing impact of COVID-19.” Grab also indicated in the…