102.49% Collective Loss | SGLY Stock News | Singularity Future Technology Ltd Class Action Lawsuit
Deadline February 7, 2023, Learn More 👉 https://bit.ly/NASDAQ-SGLY
102.49% Collective Loss | SGLY Stock News | Singularity Future Technology Ltd Class Action Lawsuit
SGLY Stock and Singularity Future Technology Ltd
Investors recently took it on the chin when Singularity Future Technology Limited stock dropped 102.49% as a result of shocking revelations about the company.
A lawsuit was brought on behalf of investors to recover their losses.
However to join as a lead plaintiff, you must sign up before February 7, 2023
Until the recent disclosures, Singularity Future Technology Limited concealed from investors that:
1) Jie’s true educational background, that he had an outstanding arrest warrant in China, committed forgery, and was the largest shareholder and VP of Finance for a Nasdaq-listed lending company, CCC, which failed after reporting massive losses;
2) Material related party transactions with SOS and Rich Trading;
3) Director John Levy’s prior tenure from January 2013 through December 2016 as a director of CCC which failed amidst detailed allegations that Jie, when he was an executive and shareholder in CCC, misappropriated assets; and
4) The Company lacked adequate internal controls and as a result had a heightened risk of scrutiny and ultimately was subject to a United States Attorney’s Office for the Southern District of New York and SEC investigation and action as well as a potential delisting by NASDAQ. and as a result
5) The Company’s statements during the Class Period about the historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company, and were materially false and misleading, and lacked a factual basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join Click here 👉 https://bit.ly/NASDAQ-SGLY
For almost 20 years we have recovered billions for clients. There is no out of pocket cost to you, register for this class action be in the know.
Visit Levi & Korsinsky http://www.zlk.com
Register on CORE. Join more than 150K users and protect your portfolio 👉 https://www.compensationrecovery.com/
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_______________________Time Stamp ⏲️ ______________________
00:00 SGLY STOCK
00:03 stock dropped 102.49% as a result of shocking revelations about the company.
00:53 A lawsuit was brought on behalf of investors to recover their losses.
01:07 However to join as a lead plaintiff, you must sign up before February 07, 2023
01:28 Until the recent disclosures, Singularity Future Technology Limited concealed from investors that:
04:23 Levi and Korsinsky
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