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 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 whether you are a Lead Plaintiff, please contact Jim Baker ([email protected]) via 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 upon its serving as lead plaintiff. For more…