Shareholder Alert: Robbins LLP Reminds Investors It is Investigating the Officers and Directors of ECMOHO Ltd. (MOHO) on Behalf of Shareholders

Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering ("IPO").

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, July 28, 2020
Information
Tags: 
Legal, Professional services, Corporate finance, Financial economics, Finance, Initial public offering, Stock market, Financial markets, Public offering, Stock, Initial public offering of Facebook, Follow-on offering
Geotags: 
California, China, United States
⚠generated by AI ↴
Summary
Key Points: 
  • Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering ("IPO").
  • On November 8, 2019, ECMOHO completed its IPO offering approximately 4.4 million shares at $10 per share and raising $48 million in proceeds.
  • Since its IPO, ECMOHO's stock has precipitously declined and by July 20, 2020, shares of ECMOHO closed at only $2.07 per share, representing a staggering decline of approximately 79% from its IPO share price.
  • If you purchased shares of ECMOHO stock in its November 2019 IPO at $10 per share, click here .


Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering ("IPO"). On November 8, 2019, ECMOHO completed its IPO offering approximately 4.4 million shares at $10 per share and raising $48 million in proceeds. Since its IPO, ECMOHO's stock has precipitously declined and by July 20, 2020, shares of ECMOHO closed at only $2.07 per share, representing a staggering decline of approximately 79% from its IPO share price. The stock continues to trade around a little over $2 per share.

If you purchased shares of ECMOHO stock in its November 2019 IPO at $10 per share, click here.

ECMOHO Ltd. (MOHO) Shareholders Have Legal Options

Contact us to learn more:

Lauren Levi

(800) 350-6003

[email protected]

Shareholder Information Form

Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against ECMOHO settles or to receive free alerts about companies engaged in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.

Copyright: 
Copyright Business Wire 2020