Recent Security Class Actions

GigaCloud Technology Inc. (NASDAQ: GCT)

2 Days left to seek lead plaintiff status.

Company Name:GigaCloud Technology Inc.
Stock Symbol:NASDAQ: GCT
Class Period Start:08/18/2022
Class Period End (inclusive):09/27/2023
Filing Deadline:12/04/2023

The Complaint 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 prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that the Company’s business is a fraction of what it publicly claims, as evidenced by staffing and activity levels at its warehouses; (2) that the Company overstated its last-mile operations; (3) that the Company engaged in undisclosed related party transactions; (4) that, as a result, the Company’s financial results were overstated; (5) 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.

GigaCloud Technology Inc. (NASDAQ: GCT) Claim Form

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