NEW
YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of MINISO
Group Holding Limited.
Shareholders who purchased shares of MNSO during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/miniso-group-holding-limited-loss-submission-form/?id=31651&from=4
CLASS PERIOD: This lawsuit is on behalf of persons or
entities who purchased or otherwise acquired publicly traded MINISO
securities pursuant and/or traceable to the registration statement
and related prospectus issued in connection with MINISO's
October 2020 initial public
offering.
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) defendants and other
undisclosed related parties owned and controlled a much larger
amount of MINISO stores than previously stated; (2) as a result,
MINISO concealed its true costs; (3) the Company did not represent
its true business model; (4) defendants, including the Company and
its chairman, engaged in planned unusual and unclear transactions;
(5) as a result of at least one of these transactions, the Company
is at risk of breaching contracts with People's Republic of China authorities; (6)
the Company would imminently and drastically drop its franchise
fees; and (7) as a result, defendant's statements about the
Company's business, operations, and prospects were materially false
and misleading and/or lacked a reasonable basis at all relevant
times.
DEADLINE: October 17, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/miniso-group-holding-limited-loss-submission-form/?id=31651&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of MNSO during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is October 17, 2022. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm