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Stock impact report

Securities Fraud Investigation Into Newegg Commerce, Inc. (NEGG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Newegg Commerce, Inc. - Common Shares (NEGG) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Newegg Commerce, Inc. ("Newegg" or the Company") (NASDAQ: NEGG) on behalf of investors concerning the Company’s possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON NEWEGG COMMERCE, INC. (NEGG), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.What Is The Investigation About?On January 21, 2026, Newegg disclosed that it had received a notice from the family of the Company’s controlling shareholder and chairman, He Zhitao, that he is being placed under investigation and has been detained for matters that “pertain personally to Mr. He Zhitao.”On this news, Newegg’s stock price fell $9.79, or 17.7%, to close at $45.53 per share on January 21, 2026, thereby injuring investors.Contact Us To Participate or Learn More:If you purchased Newegg securities, have information or would like to learn more about these claims, or have any ques Show less Read more
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