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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Grifols S.A. - GRFS

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
NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Grifols S.A. (“Grifols” or the “Company”) (NASDAQ: GRFS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.    The investigation concerns whether Grifols and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On January 9, 2024, hedge fund Gotham City Research issued a short report on Grifols, alleging that the Company manipulated its debt and EBITDA figures to artificially lower its leverage. The short report came several days after Grifols agreed to sell roughly 20% of its equity stake in Shanghai RAAS to Haier Group for close to $1.8B billion. Following publication of the Gotham City Research report, Grifols’s American depositary receipt (“ADR”) price fell $2.43 per ADR, or 21.83%, to close at $ Show less Read more
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