Global Cord Blood Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CORBF

LOS ANGELES--(BUSINESS WIRE)--The DJS Law Group reminds investors of a class action lawsuit against Global Cord Blood Corporation (“Global Cord” or “the Company”) (OTC: CORBF) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of CORBF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: June 4, 2019 to May 3, 2022

DEADLINE: June 24, 2024

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Global Cord used a capital allocation scheme to reserve funds for insiders instead of for the benefits of all shareholders. The Company made decisions that benefited insiders such as the agreement to acquire Cellenkos Inc. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CORBF during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.

WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

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