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NEW ORLEANS, Oct. 10, 2017 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against Blue Apron Holdings, Inc. (NYSE:APRN), if they purchased the Company's securities pursuant to its June 29, 2017 initial public offering ("IPO") and/or on the open market between June 29, 2017 and August 9, 2017. This action is pending in the United States District Court for the Eastern District of New York.
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Blue Apron investors should visit us at https://www.claimsfiler.com/cases/nyse-aprn or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Blue Apron and certain of its executives are charged with failing to disclose material information in its Registration Statement filed in connection with its IPO, violating federal securities laws.
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The alleged false and misleading statements and omissions include, but are not limited to, that: (i) advertising spending was significantly reduced, despite prior statements to the contrary; (ii) delivery delays or defects were causing customer retention problems; (iii) the Company's new facility launch was delayed; (iv) new product offerings were delayed; and (v) as a result of the foregoing, Blue Apron's Registration Statement was materially false and misleading at all relevant times.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.