Maison Securities, Inc.

Ticker: MSS

Class Period Start: 10/05/2023

Class Period End: 12/15/2023

Registration Deadline: 03/04/2024

A securities class action has been filed in the USDC – C.D.CA. against Maison Solutions Inc. (MSS) (“Maison” or the “Company”), on behalf of all persons and entities that purchased or otherwise acquired Maison securities between October 5, 2023 and December 15, 2023, both dates inclusive (the “Class Period”).

 

 

Maison is a specialty grocery retailer offering Asian food and merchandise to U.S. consumers.

 

The Complaint filed in this class action alleges that the Registration Statement and throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors:

(1) that the Company’s vendor XHJC Holdings Inc., is a related party;

(2) that the Company’s CEO and related entities were alleged to have used supermarkets as a front to defraud the EB-5 visa program; and

(3) 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, thereby harming investors.

 

 If you purchased Maison securities during the Class Period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.

 

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

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