ATLANTA–(BUSINESS WIRE)–Holzer & Holzer, LLC is investigating whether certain statements made by
Jumia Technologies AG (“Jumia” or the “Company”) (NASDAQ: JMIA) complied
with federal securities laws. On May 9, 2019, Citron Research
published a report accusing Jumia of overstating its financials in
connection with its IPO and suggesting that Jumia failed to adequately
disclose material information relating to returned, undelivered and
cancelled orders. The price of Jumia’s stock fell following the
announcement.
If you purchased shares of Jumia and suffered a loss on that investment,
you are encouraged to contact Corey D. Holzer, Esq. at [email protected] or
Marshall P. Dees, Esq. at [email protected],
or by toll-free telephone at (888) 508-6832 to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its
practice to vigorous representation of shareholders and investors in
litigation nationwide, including shareholder class action and derivative
litigation. Since its founding in 2000, Holzer & Holzer attorneys have
played critical roles in recovering hundreds of millions of dollars for
shareholders victimized by fraud and other corporate misconduct. More
information about the firm is available through its website, www.holzerlaw.com
and upon request from the firm. Holzer & Holzer, LLC has paid for the
dissemination of this promotional communication, and Corey D. Holzer is
the attorney responsible for its content.
Contacts
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]
