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0 0.0125968992248063 0.0125968992248063 0.0116279069767443 0.0271317829457364 0.00387596899224815 0.026046511627907 0.0220930232558139
Stock impact report

Investor Alert: Kaplan Fox Announces Investigation Of HF Foods Group Inc.

HF Foods Group Inc. (HFFG) 
Company Research Source: PR Newswire
NEW YORK, April 8, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of HF Foods Group Inc. ("HF Foods" or the "Company") (NASDAQ: HFFG).  A class action securities lawsuit has been filed on behalf of investors who purchased HFF securities between August 23, 2018 and March 23, 2020, inclusive (the "Class Period").On March 23, 2020, Hindenburg Research published a report claiming that HF Foods engaged in "massive undisclosed related-party transactions," that shareholder money was "spent on exotic supercars," and that the Company had an "outrageous fundamental valuation."Following this news, HF Food's shares fell $2.52 per share, or over 20%, to close at $9.80 per share on March 23, 2020. The complaint alleges that throughout the Class Period the Company and certain officers and/or directors also named as defendants made false and/or misleading statements and/or failed to disclose that (1) HF Foods engaged in undisclosed Show less Read more
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