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Stock impact report

Johnson Fistel, Encourages Grifols, S.A. Investors to Inquire About Securities Class Action Investigation - GRFS, GIKLY, GIFOF, GIFLF

Grifols, S.A. - American Depositary Shares (GRFS) 
Last grifols, s.a. - american depositary shares earnings: 5/7 07:27 am Check Earnings Report
Company Research Source: GlobeNewswire
SAN DIEGO, March 22, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating Grifols, S.A. (NASDAQ: GRFS) (OTC: GIKLY, GIFOF, GIFLF) or potential securities law violations. Shareholders who have incurred losses on their investment in the company are encouraged to contact the firm to learn about potentially recovering their losses. For more details on the investigation, visit Click Here to Participate and Provide Your Information What is Johnson Fistel investigating? On January 9, 2024, Gotham City Research LLC published a short-seller report on Grifols SA. In the report, Gotham City alleged, among other things, the stock market “appears to fundamentally misunderstand the company.” The report claimed that Grifols “artificially reduced leverage by consolidating earnings of units it doesn’t control and has overstated profit.” Further stating, “GRF manipulates reported debt & EBITDA to artificially reduce reported leverage to 6x which we believe is closer to 10x-13x.” Following Show less Read more
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