YORK, Aug. 3, 2022 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders of Amazon.com,
Shareholders who purchased shares of AMZN during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all persons or
entities that purchased or otherwise acquired shares of Amazon
common stock between July 30, 2021,
and April 28, 2022, inclusive.
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: 1) defendants knew
or recklessly disregarded that the Company's infrastructure and
fulfillment network investments substantially outpaced demand; 2)
those investments were a massive, self-imposed, undue drain on
Amazon's financial condition; 3) contrary to defendants' public
statements and undisclosed to investors, defendants had already
implemented cutbacks to Amazon's fulfillment capacity by
July 2021; and 4) as a result of
defendants' misrepresentations and omissions, Amazon's common stock
traded at artificially inflated prices during the class period.
DEADLINE: September 6, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of AMZN 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. The deadline to seek to be a lead plaintiff
is September 6, 2022. There is no
cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Phone: (646) 453-8903
SOURCE The Gross Law Firm