INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Akazoo S.A. (SONG) Investors
MUSIC LICENSING INC (SONG)
Company Research
Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Akazoo S.A. ("Akazoo" or the Company") (NASDAQ: SONG) securities between September 11, 2019 and April 20, 2020, inclusive (the “Class Period”). Akazoo investors have until June 23, 2020 to file a lead plaintiff motion.Investors suffering losses on their Akazoo investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.On April 20, 2020, Quintessential Capital gave a presentation regarding Akazoo, stating that the Company looks like an accounting scheme because its users, subscribers, revenue and profit may be "profoundly overstated."On this news, Akazoo's share price fell as much as $0.71, or over 26%, during intraday trading on April 20, 2020.The complaint alleges that throughout the Class Period, defenda
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