NEW YORK, July 27, 2022 /PRNewswire/ — Gross Law Firm Issues the Following Notice to Shareholders of Amazon.com, Inc..
Shareholders who purchased AMZN stock during the stated class period are encouraged to contact the company regarding the possible appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate in any recovery.
CONTACT US HERE:
COURSE PERIOD: This lawsuit is on behalf of all persons or entities who purchased or otherwise acquired shares of Amazon common stock between July 30, 2021and April 28, 2022included.
ALLEGATIONS: The Complaint alleges that during the Class Period, the Defendants made materially false and/or misleading statements and/or failed to disclose that: 1) the Defendants knew or recklessly ignored that the Company’s investments in infrastructure and the distribution network significantly exceeded demand; 2) these investments were a massive, self-imposed, and undue drain on Amazon’s financial condition; 3) Contrary to Defendants’ public statements and not disclosed to Investors, Defendants had already implemented reductions in Amazon’s enforcement capacity in July 2021; and (4) as a result of defendants’ misrepresentations and omissions, Amazon common stock traded at artificially inflated prices during the Class Period.
DEADLINE: September 6, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/amazon-com-inc-loss-submission-form-2/?id=30251&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased AMZN stock during the time period noted above, you will be enrolled in portfolio tracking software to provide you with status updates throughout of the business life cycle. The deadline to apply to be a principal applicant is September 6, 2022. There is no cost or obligation for you to participate in this deal.
WHY BRUT CABINET D’AVOCATS? Gross Law Firm is a nationally recognized law firm, and our mission is to protect the rights of all investors who have suffered as a result of deception, fraud, and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company has caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.
The Raw Law Firm
15 West 38th Street, 12th Floor
New York, NY10018
E-mail: [email protected]
Telephone: (646) 453-8903
SOURCE The Raw Law Firm