Top Law Firm ROSEN Encourages Global Cord Blood Company Investors to Seek Legal Assistance Ahead of Important Deadline in Securities Class Action Lawsuit “CO, CORBF”



New York, April 28, 2024 (GLOBE NEWSWIRE) —

Why: Rosen Law Firm, a global investor rights law firm, announced that it represented investments in the securities of Cord Blood Corporation Global (NYSE: CO) (OTC: CORBF ) between June 4, 2019 and May 3, 2022 The class action lawsuit was filed covering these two dates (during the course). A class action lawsuit has been filed.If you wish to serve as lead plaintiff, you must file a motion with the Court No later than June 24, 2024.

so what: If you purchased Global Cord securities during the Class Period you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Global Cord class action lawsuit, please visit https://rosenlegal.com/submit-form/?case_id=20009 or call Mr. Phillip Kim. For information about the class action lawsuit, call toll-free 866-767-3653 or email case@rosenlegal.com. A class action lawsuit has been filed.If you wish to serve as lead plaintiff, you must file a motion with the Court No later than June 24, 2024. A lead plaintiff is a representative party directing the litigation on behalf of other class members.

Why Choose Rosen Method: Investors are encouraged to select qualified counsel with a track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful peer recognition. Choose your advisor wisely. Rosen Law Firm represents investors worldwide and focuses its practice on securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese company. Rosen Law Firm ranks No. 1 in ISS Securities Class Action Services' 2017 rankings for number of securities class action settlements. In 2019 alone, the company raised more than $438 million from investors. In 2020, founding partner Laurence Rosen was named a “Plaintiffs Bar Titan” by law360. Many of our lawyers have been recognized by Lawdragon and Super Lawyers.

3rd party advertising. Not an offer or recommendation by Investing.com.See disclosures here or
Remove ads
.

Case details: According to the lawsuit, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Global Cord adopted a capital allocation strategy designed to reserve capital for Global Cord insiders and affiliates, rather than for Global Cord's benefit; (2) Global Cord's decision to reject multiple privatization offers and sign a transaction agreement to acquire Cellenkos Inc. for more than US$1 billion (including Global Cord shares) was nothing more than a selfish and selfish attempt by the defendant to divert attention. Contradictory attempts by the Company to provide funds to Company insiders and related parties; (3) Because Defendant Yuan Jin and his entities misappropriated hundreds of millions of dollars from the Company, Defendants fundamentally misrepresented to investors Global Cord’s capital allocation, strategies practices with respect to sexual investments, acquisitions and related-party transactions; and (4) as a result, Global Cord's public statements were materially false and misleading at all relevant times.
When the true details entered the market, the lawsuit claims investors suffered losses.

To join the Global Cord class action lawsuit, please visit https://rosenlegal.com/submit-form/?case_id=20009 or call Mr. Phillip Kim. For information about the class action lawsuit, call toll-free 866-767-3653 or email case@rosenlegal.com.

No categories have been certified. Until a course is certified, you will not be represented by an attorney unless you retain an attorney. You can choose the lawyer of your choice. You can also remain an absent class member and do nothing at this time. An investor's ability to share in any potential future recovery is not dependent on serving as lead plaintiff.

3rd party advertising. Not an offer or recommendation by Investing.com.See disclosures here or
Remove ads
.

Follow us on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook (NASDAQ:) On: https://www.facebook.com/rosenlawfirm/.

Lawyer advertising. Previous results do not guarantee similar results.

Contact information:

Mr. Lawrence Rosen
Mr Philip King
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *