World News: 01:03 GMT Friday 12th July 2019. [Hagens Berman Sobol Shapiro LLP via Globe Newswire via SPi World News]
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
Globe Newswire: 01:03 GMT Friday 12th July 2019
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.