SONG SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Akazoo S.A. Shareholders of Class Action and Encourages Investors to Contact the Firm
MUSIC LICENSING INC (SONG)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Akazoo S.A. ("Akazoo” or the "Company") (NASDAQ: SONG) and certain of its officers, on behalf of shareholders who purchased Akazoo securities between September 11, 2019 and April 20, 2020, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/song.This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Akazoo overstated its revenue, profits, and cash holdings; (2) Akazoo holds significantly lesser music distribution rights than it has stated and implied; (3) as opposed to Akazoo's continued statements, it does not operate in 25 countries; (4)
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- Music Licensing, Inc. Clears "Shell Risk" Designation from OTC Markets Group ProfileGlobeNewswire
- Music Licensing, Inc. Issues Cease and Desist Notices in Response to False Narrative CampaignGlobeNewswire
- Music Licensing, Inc. Addresses Targeted False Narrative Campaign on Social MediaGlobeNewswire
SONG
Sec Filings
- 3/8/24 - Form 1-U
- 2/26/24 - Form 1-U
- 2/22/24 - Form 1-U
- SONG's page on the SEC website