3 Day Delay Notice: Schall Law Firm Encourages Investors of MINISO Group Holding Limited with Losses to Contact the Firm

LOS ANGELES, Calif./ACCESSWIRE/October 14, 2022/ Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against MINISO Group Holding Limited (“MINISO” or “the Company”) MNSO for violating federal securities laws.

Investors who have purchased shares of the Company as part of and/or traceable to the Company’s initial public offering completed in October 2020 (the “IPO”), are encouraged to contact the Company before October 17, 2022.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of 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 via the firm’s website at www.schallfirm.com or by e-mail at [email protected]

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to do nothing, you can remain an absent member of the group.

According to the complaint, the company made false and misleading statements to the market. MINISO insiders and undisclosed related parties owned a much larger number of company stores than was publicly known. The Company used this arrangement to hide its true costs. The company hid its true business model. The Company would be forced to implement a drastic reduction in franchise fees. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned the truth about MINISO, investors suffered damage.

Join the case to recoup your losses.

Schall Law Firm represents investors worldwide and specializes in securities class action and shareholder rights litigation.

This press release may be considered attorney advertising in certain jurisdictions under applicable law and ethical requirements.

CONTACT:

Schall law firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com

THE SOURCE: Schall law firm

See the source version on accesswire.com:

https://www.accesswire.com/720527/3-Day-Deadline-Notice-The-Schall-Law-Firm-Encourages-Investors-in-MINISO-Group-Holding-Limited-with-Losses-to-Contact- the company

About Bernice Dyer

Check Also

Law firm signs long-term lease at Paramus’ Nexus 17

Nexus 17 at Paramus is a pair of five-story, 250,000 square foot office buildings located …