Bronstein, Goertz & Grossman LLC

Bronstein, Goertz & Grossman LLC

NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) — Lawyer Announcement – Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Maison Solutions Inc. (“Maison” or the “Company”) (NASDAQ: MSS) and certain of its officers.

Category definition:

This lawsuit seeks to recover damages against the defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Maison securities: (1) pursuant to the registration statement and prospectus issued in connection with the Company’s October 5 resolution; 2023 Initial Public Offering (“IPO”); or (ii) between October 5, 2023 and December 15, 2023, both dates inclusive (the “Class Period”). These investors are encouraged to join this cause by visiting the company’s website: bgandg.com/MSS.

Case details:

The complaint filed in this case alleges that in the Registration Statement and throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and future prospects. Specifically, Defendants failed to disclose to investors: (1) that the seller of the company, XHJC Holdings Inc., is a related party; (2) that the CEO of the Company and related entities are alleged to have used the supermarkets as a front to defraud the EB-5 visa program; and (3) that as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

What then?

A class action lawsuit has already been filed. If you would like to review a copy of the complaint, you can visit the firm’s website: bgandg.com/MSS or you can contact Peretz Bronstein, Esq. Or our law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss at Maison, you have until March 4, 2024 to ask the court to appoint you as lead plaintiff. Your ability to participate in any recovery does not require that you serve as lead plaintiff.

There is no cost to you

We represent investors in class actions on a contingency fee basis. This means that we will ask the court to reimburse us for out-of-pocket expenses and attorney fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Goertz and Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud and shareholder derivative litigation. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Lawyer advertisement. Previous results do not guarantee similar results.

communication:

Bronstein, Goertz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | info@bgandg.com

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