SAN DIEGO, Sept. 07, 2022 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistula, LLP announces that a class action lawsuit has been filed on behalf of investors Missfresh Limited (NASDAQ:MF). The class action is being brought on behalf of shareholders who have purchased Missfresh securities pursuant to and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Missfresh’s June 2021 initial public offering (the “IPO”) ) were published. Investors are hereby notified that they have until September 12, 2022 to request the court to appear as lead plaintiff in this lawsuit.

What actions can I take at this time? If you have suffered a loss and would like to learn more about being a lead plaintiff, please contact Jim Baker ([email protected]) by email or phone at 619-814-4471. When emailing, please include your phone number.

To participate in this promotion you can click on the following link or copy and paste it into a browser:

https://www.johnsonfistel.com/investigations/missfresh-ipo-fraud-class-action

There are no costs or obligations for you.

According to the lawsuit, the registration statement was misleading and/or failed to disclose the following: (1) Missfresh reported false financial figures in its registration statement; (2) Missfresh would have to change its financial numbers; (3) Missfresh had, among other things, lower net income for the quarter ended March 31, 2021; and (4) as a result, the defendants’ public statements were materially false and misleading and negligently prepared at all relevant times. As the true details emerged, the lawsuit alleges that investors suffered damage.

A lead plaintiff will act on behalf of all other group members in directing the Missfresh class action. The lead plaintiff may select a law firm of its choice to conduct the class action. An investor’s ability to participate in a potential future recovery of the Missfresh class action is not contingent on being a…