San Diego, CA -- (SBWire) -- 02/18/2022 --An investigation was announced concerning potential breaches of fiduciary duties by certain directors of D-MARKET d/b/a/ Hepsiburada.
Investors who are current long term investors in D-MARKET d/b/a/ Hepsiburada (NASDAQ: HEPS) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: HEPS stocks follows a lawsuit filed against D-MARKET d/b/a/ Hepsiburada over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: HEPS stocks, concerns whether certain D-MARKET d/b/a/ Hepsiburada directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges on behalf of purchasers of D-MARKET (NASDAQ: HEPS) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Registration Statement was materially false and misleading and omitted to state that Hepsiburada suffered a sharp deceleration in operational and sales growth during second quarter 2021, that, as a result, the Company initiated certain actions to fortify its competitive position, including investing in electronics and high frequency categories and discounting certain categories, that, as a result of the foregoing, Hepsiburada's revenue and GMV had declined during second quarter 2021, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of D-MARKET (NASDAQ: HEPS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
D-MARKET D/b/a/ Hepsiburada (NASDAQ:HEPS) Long Term Investor Notice: Investigation of Potential Wrongdoing
An investigation on behalf of term investors in D-MARKET d/b/a/ Hepsiburada (NASDAQ:HEPS) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NASDAQ:HEPS stockholders should contact the Shareholders Foundation.