4-DAY JUMIA INVESTOR DEADLINE: Hagens Berman Reminds Jumia Technologies (JMIA) Investors of July 15, 2019 Lead Plaintiff Deadline

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SAN FRANCISCO, July 11, 2019 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP, with nine offices in eight cities around the country and eighty attorneys, reminds investors in Jumia Technologies AG () of in the securities class action, No. 1:19-cv-04397, pending in the U.S. District Court for the Southern District of New York.

or contact Reed Kathrein, who is leading the firm’s investigation, by calling or emailing

According to the complaint, Defendants misled investors in part by concealing (1) Jumia materially overstated its active customers and active merchants, and (2) Jumia overstated its sales.

“We’re focused on investors’ losses, whether the matters raised by on May 9, 2019 are correct, and the extent to which investors may have been misled,” said Hagens Berman partner Reed Kathrein.

Contact:Reed Kathrein, 510-725-3000

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Globe Newswire: 01:03 GMT Friday 12th July 2019

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