Singularity Future Technology Ltd. Common Stock (NASDAQ: SGLY)
The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose to investors (a) the CEO’s true adverse background; (b) related party transactions; and (3) inadequate internal controls which resulted in United States Attorney’s Office for the Southern District of New York and SEC investigations as well as a potential delisting by NASDAQ. The Complaint further alleges that as a result of this adverse information, Plaintiffs and the Class were damaged.