LOS ANGELES–(BUSINESS WIRE)–$HEBT #classaction—The Law Offices of Frank R. Cruz announces an investigation on behalf of Hebron Technology Co., Ltd. (“Hebron” or the “Company”) (NASDAQ: HEBT) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On June 3, 2020, Grizzly Research presented a report alleging that Hebron is an “insider enrichment scheme without economic basis,” citing questionable transactions including an undisclosed related party transaction for nearly $26 million.
On this news, the Company’s stock price fell as much as $7.29, or 33%, during intraday trading on June 3, 2020.
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If you purchased Hebron securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com
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