Law Firm Schall Announces Class Action Filing Against D-MARKET Electronic Services & Trading d / b / a Hepsiburada and Encourages Investors With Losses Over $ 100,000 to Contact
Los Angeles, Calif .– (Newsfile Corp. – December 2, 2021) – Law firm Schall, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi d / b / a Hepsiburada (âHepsiburadaâ or âthe Companyâ) (NASDAQ: HEPS) for violating federal securities laws.
Investors who have purchased shares of the Company as part of the Company’s initial public offering made on July 1, 2021 (the âIPOâ) and / or linked to it, are invited to contact the company before December 20, 2021.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com or by email at [email protected]
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by legal counsel. If you choose not to take any action, you can remain an absent member of the group.
According to the complaint, the company made false and misleading statements to the market. Hepsiburada’s operational and sales growth slowed sharply in the second quarter of 2021. Based on slow growth, the Company attempted to strengthen some high-frequency product categories while updating others. These changes had a negative impact on both turnover and GMV. Based on these facts, the company’s public statements throughout the IPO period were false and misleading. When the market learned the truth about Hepsiburada, investors suffered damage.
Join the case to recoup your losses.
Schall law firm represents investors around the world and specializes in securities class actions and shareholder rights litigation.
This press release may be considered an attorney’s advertisement in certain jurisdictions under applicable law and rules of professional conduct.
Schall Law Firm
Brian Schall, Esq.,
Schall Law Firm
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106348