BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Blue Apron Holdings, Inc. (“Blue Apron” or the “Company”) (NYSE: APRN) investors concerning the Company and its officers’ possible violations of federal securities laws.
The investigation concerns recent changes to the Company’s executive team, including the abrupt resignation of Blue Apron's Chief Operating Officer Matt Wadiak. The executive change comes less than a month after the Company’s disappointing initial public offering. And, on August 4, 2017, several news agencies reported emerged that the Company would cut almost a quarter of its staff according to New Jersey Department of Labor information items.
To date the Company's shares have fallen sharply below the initial public offering price thereby injuring investors.
If you purchased Blue Apron 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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