The Law Offices of Frank R. Cruz Announces Investigation of Boxed, Inc. (BOXD) on Behalf of Investors
Boxed, Inc. (BOXD)
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Boxed, Inc. (“Boxed” or the “Company”) (NYSE: BOXD) on behalf of investors concerning the Company’s possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On March 14, 2023, The Wall Street Journal published an article reporting that Boxed may file for bankruptcy as it continues to explore a possible sale of its business, noting that Boxed only went public less than two years ago, and that it is trying to establish a new commercial banking relationship after transferring the majority of its cash out of its accounts at Silicon Valley Bank.On this news, Boxed’s stock price fell $0.21, or 48.25%, to close at $0.2199 per share on March 15, 2023, thereby injuring investors.Follow us for updates on Twitter: twitter.com/FRC_LAW.If you purchased Boxed securities, have information or would like to learn more about these claims, or have
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